Kandivli exec duped of ₹10 lakh

Police have registered a first information report (FIR) against an unidentified person for duping a Kandivli resident of over Rs 10 lakh by promising high returns in the share market. The victim, Ramkrishna Iyengar (42), an executive with a private company, lodged the complaint on December 28 after the accused fled with his money. The accused duped Iyengar by luring him with 6-10% returns on investment.