Home / Mumbai / Mumbai News / Article / Thane: Police book six directors for allegedly cheating 68 investors of Rs 7.09 crore

Thane: Police book six directors for allegedly cheating 68 investors of Rs 7.09 crore

Updated On: 08 September, 2026 11:33 AM IST | Thane | mid-day online correspondent

A vada pav vendor from Malad in Mumbai was seeking to buy an insurance policy in 2018 when an acquaintance introduced him to one of the accused, who was then running a share-broking company, a police official said

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The fraud was allegedly carried out over several years through multiple corporate shells. Representational Pic

The fraud was allegedly carried out over several years through multiple corporate shells. Representational Pic

Police have registered a case against six directors of a private investment firm in Maharashtra's Thane district for allegedly cheating 68 investors of Rs 7.09 crore after promising high returns, officials said on Tuesday.

The fraud was allegedly carried out over several years through multiple corporate shells, they said, PTI reported.

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