India, Feb. 4 -- A 55-year-old man was duped of Rs.41.67 lakh by cyber criminals who entrapped him twice in investment fraud within two months, police said on Tuesday.

While impersonating investment officials of two different firms, the suspects approached the victim, a retired army officer and resident of a township in Sector 83, first on December 20, 2024, and again on January 13 this year, officers said, luring him through WhatsApp messages to invest in the stock market and make quick profits.

The man was made to download two separate phishing mobile Apps belong to different firms, to track his profits on investments in the name of providing him demat accounts, they added.

The man transacted Rs.15.49 lakh in four different bank acco...