Chandigarh, July 3 -- The cyber crime cell of Chandigarh Police has arrested four individuals from Gujarat in connection with three separate cases of financial fraud reported by Chandigarh residents earlier this year.

The arrests were made from different parts of Gujarat, said police.

The first case was registered on March 28 following a complaint by Kanav Khanna, a resident of Sector 21A. Khanna alleged he was cheated of Rs.1.08 crore after being lured into investing through a fraudulent demat trading app.

He was added to a WhatsApp group named 'FF BlackRock Investment Institute', where he initially received small returns to build trust. Later, when he tried to withdraw his investment, the fraudsters demanded more payments under the g...