Thane, Maharashtra's Thane district police have registered a case after a man alleged that someone hacked his demat account and stole shares worth Rs 1.26 crore. An official gave this information on Friday.
While the alleged thefts were committed between January 2017 and December 2018, police said the man did not explain the reason for contacting them for so long.
Citing the FIR registered by Manpada police station in Dombivali area on Wednesday, the officer said that someone opened a bank account in the name of the complainant using his fake ID.
The complainant's demat account was illegally accessed and 9,210 shares of a renowned paint company - worth Rs 1.26 crore at that time - were sold. The sale proceeds were deposited in a fake bank account, the officer said.
He said investigation is underway to identify the people behind the alleged crime.
While the alleged thefts were committed between January 2017 and December 2018, police said the man did not explain the reason for contacting them for so long.
Citing the FIR registered by Manpada police station in Dombivali area on Wednesday, the officer said that someone opened a bank account in the name of the complainant using his fake ID.
The complainant's demat account was illegally accessed and 9,210 shares of a renowned paint company - worth Rs 1.26 crore at that time - were sold. The sale proceeds were deposited in a fake bank account, the officer said.
He said investigation is underway to identify the people behind the alleged crime.
