India, March 1 -- PUNE Two cyber frauds-one related to task fraud and the other related to an online share trading scam were lodged in the city on February 27 wherein fraudsters siphoned off funds worth Rs.18.76 lakh from the bank accounts of the victims.

In the first case, a 46-year-old resident of Dhayari has lodged a complaint with Nanded city police stating that he was approached by unidentified persons on his mobile who posed as share market investors, coaxing him to invest money in the share market promising exorbitant returns. The victim paid Rs.5.07 lakh on various occasions and when sought a refund got cold response from the accused. The complainant realised that he had been duped and lodged a complaint with the cyber police on ...