India, July 21 -- A 56-year-old pilot of a commercial airline company allegedly lost Rs.3.16 crore in an online share trading fraud after a cyber fraudster approached him on WhatsApp. A case was registered on Saturday against the cyber fraudsters for cheating.

According to the police, the complainant is a resident of Andheri (East). In his complaint, he said he was watching stock market videos on a YouTube channel and subscribed to Sanjiv Bhasin's YouTube channel in May. Soon after this, he allegedly received a message from a woman who went by Anuprita Daga. She claimed to be an employee of SMC Global Securities and offered tips regarding investment in the stock market. The complainant agreed to invest following her advice and was added ...