India, Nov. 13 -- In yet another incident of cyber crime, a Bengaluru resident has reportedly fallen victim to a massive online trading fraud, losing over Rs.80 lakh in the process.

According to the First Information Report (FIR), the victim, an ICICI Bank account holder, came across a firm named Aastha Credit & Securities Pvt Ltd online, said a report by the NDTV. Through this platform, he was introduced to two individuals who identified themselves as Aarav Gupta and Meena Joshi.

The ordeal began on September 17, when he was unexpectedly added to a WhatsApp group titled "9015 Aastha VIP Moksha Circle." Members of the group enthusiastically promoted an app called ACS Trade, claiming it offered quick and substantial profits through stock...