The businessman, whose identity was not revealed, is a resident of Vartak Nagar here.
Sub-Inspector S S Kulkarni of Vartak Nagar Police Station said an unidentified man duped the businessman through as many as 53 transactions between January 30 and February 1.
The complainant said a sum of Rs 2,49,943 was fraudulently withdrawn from his e-wallets linked to his account with a foreign bank through these transactions.
The police have registered an offence under the Information Technology Act against the unidentified person.
Disclaimer: No Business Standard Journalist was involved in creation of this content