Thane: A businessman from Dombivli lost Rs 77.1 lakh in a Whatsapp-based share trading scheme, a police official said on Sunday. Between Nov 17, 2025 and Jan 8, Prashant Prabhu (43) invested the amount after being promised high returns, the Manpada police station official said.“The complainant neither received the promised profits nor a refund. The accused stopped responding. An FIR was registered under the IT Act and efforts are on to trace the money trail and nab the accused,” the official said.
