Bhubaneswar: A 30-year-old man was arrested from Maharashtra by the Odisha Police for allegedly duping a Bhubaneswar-based investor of over Rs 26 lakh by promising high returns through a fake trading platform.

The accused, identified as Savyasachi Pisolkar of Nashik district in Maharashtra, was apprehended by the Cyber Crime Unit following probe into a complaint filed by Shakti Shankar Panda (41), a resident of Bhubaneswar. ADVERTISEMENT

As per the complaint, Panda came across a trading application through a WhatsApp group that claimed to offer lucrative profits from investments in IPOs and block trades. Impressed with the assurances, he transferred Rs 26.21 lakh to bank accounts linked to Pisolkar and his associates.

However, after the transactions, Panda neither received any returns

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