New Delhi, Dec. 30 -- The Cyber Crime Unit of the Delhi Police has busted a major online investment fraud racket involving Rs.22.7 lakh, with the arrest of , officials said on Tuesday.

The case concerns a fake stock-trading application scam in which the victim was allegedly lured to invest via a WhatsApp group posing as a legitimate stock market discussion forum, police added.

In the complaint dated November 13, it was alleged that the complainant was added to a WhatsApp group named "Stan Chart Dialogue Forum L7."

The group had five administrators, and discussions related to demat shares were conducted there. One of the group admins, Yalini Guna, offered an investment plan through their own application, "SCIIHNW," and claimed to provid...