Thane Man Loses Rs 1.17 Crore in Online Investment Scam

• A 39-year-old Thane resident was defrauded of over Rs 1.17 crore by online scammers.
• Fraudsters lured him into investing in virtual stores on platforms like Facebook and TikTok, promising a 15% commission.
• Initially, a small profit was credited to gain his trust after an investment of Rs 25,000.
• The man invested Rs 1.17 crore between October and December last year, attracted by high returns.
• The scam was exposed when he tried to withdraw profits, and the accused demanded an additional Rs 31.15 lakh to restore his store's 'rating'.