India, Feb. 10 -- A 22-year-old man was arrested on Monday in connection with a Rs.5.5 crore cyberfraud case in which a resident of Old Faridabad was allegedly duped through a fake stock market investment scheme, police said, adding that this makes the 12th arrest in the case.

The suspect, identified as Mohit (single name), a resident of Chittorgarh in Rajasthan, allegedly sold a bank account that was used in the fraud, they added.

A senior official at the Faridabad Central cyber police station said 11 suspects had already been arrested in the case. "Based on a complaint submitted by the victim, he was first contacted by cyberfraudsters through a private message called 'B16 Trust Line Investor Network and Trust Line VIP 1073' in Septemb...