Mumbai: A 61-year-old man fell prey to scammers and lost Rs 3.64 crore in online share investment fraud. The statistics provided by the city police have revealed that this year so far 665 shares investment fraud cases have been registered out of which 175 cases have been detected and 210 persons involved have been arrested.

How The Fraud Began

According to the police, the complainant is a resident of Nashik. On July 28, the complainant learnt that his mobile number had been added in a WhatsApp group where information regarding shares investment was being discussed. The complainant monitored the activities on the group for a fortnight and found that the expert giving tips on the group gave positive results to the "investors".

Scammers Lure Victim Into Fake Trading App

Once the complain

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