India, Aug. 14 -- Noida A 53-year-old woman in Noida Sector 23 was allegedly duped of Rs.87.50 lakh in a share market investment fraud between July 9 and August 8, police said on Thursday, adding that a case was registered at the cybercrime police station.

The woman told police that she received a WhatsApp message on July 9 from an unidentified number, with the message claiming to be from a private bank. "The woman started a conversation. The fraudsters assured her that they would help her in share trading and Initial Public Offering (IPO) allotment. The woman started trading with Rs.1 lakh but gradually increased the investment amount as the application provided by the suspects showed significant profit," said a police officer, requesti...