New Delhi, April 22 -- The Delhi Police's Special Cell has registered an FIR in a cyber fraud case where a Delhi-based businessman was allegedly defrauded of over Rs 4.04 crore by an operator of a fraudulent WhatsApp group named "A5 Wealth Freedom" under the guise of stock market investment schemes.

According to the statement, the FIR was filed under multiple sections of the Bharatiya Nyaya Sanhita (BNS), including Sections 318(4), 319(2), 61(2), and 3(5), following a complaint from Akshay Gupta, a resident of Delhi's Kirari Suleman Nagar.

Gupta claimed that he was lured into the fraudulent scheme with promises of high returns through "QIB trading" via a trading app named Galad Arab, allegedly linked to a Dubai-based firm, Galahad Secur...