A 42-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.11 crore by cyber fraudsters, including foreign nationals, who lured him to invest in a fraudulent forex trading scheme, police said on Friday, reported news agency PTI.

Based on a complaint, the cyber police on Wednesday registered a case against some foreign nationals and an online trading company.

"A case has been registered against one Tracy Clerk, Paul J Tudor, Bran Camron, and Benjamin Jadore, along with an entity named Metaxoption Company under sections 318(4) (cheating) and 316(5) (criminal breach of trust) of the Bharatiya Nyaya Sanhita, and relevant provisions of the Information Technology Act," an officer said, reported PTI.