PANJIM, April 26 -- Team Herald

The Cyber Crime Police Station has arrested a man in connection with a large-scale cyber fraud amounting to Rs 2,44,59,408.

According to police, between November 25, 2024 and January 7, 2025, unidentified persons contacted the complainant via Facebook and WhatsApp, posing as stock market trading experts. The fraudsters induced the complainant to invest in fake online stock market schemes, promising high returns, thereby cheating him of Rs 2.44 crore through multiple bank transactions.

Based on investigation and financial analysis, the Cyber Crime police identified the suspect. A police team led by PSI Mandar Gaonkar, along with constables Ashish Naik and Shantaram Narse, under the direct supervision of P...