India, Jan. 26 -- The Faridabad police on Saturday launched an investigation after a businessman was allegedly duped of Rs.4 crore in a stock investment scam last year, officials said on Sunday.

Police said the victim was identified as Arun Kumar, a factory owner in IMT and resident of Sector 15.

According to investigators, the factory owner was first contacted by the cyber fraudsters in October 2025 through a phone call, claiming to be an "expert" stockbroker named "Dan Robin".

"According to Kumar's complaint, he was promised double returns on his investment through a stock trading platform called 'RFX Market'. Between October 26 and November 7, 2025, Kumar deposited about Rs.4 crore into multiple bank accounts specified by the frauds...