Panchkula, April 23 -- A Delhi man allegedly defrauded a Panchkula resident of Rs.8 lakh by making him invest in a mobile app with a promise of lucrative returns, the Chandimandir police said on Tuesday. Identified as Vishal Rajput of Rohini in Delhi, the accused has been booked.

In his complaint on January 13, Mritunjaya Kumar, a resident of Sector 4, mentioned that he was introduced to the accused through a common friend, Akash Tiwari, on May 12, 2023. Rajput allegedly persuaded Kumar to invest in an application - JMB FX, claiming that he was a partner. Promising monthly returns, he initially sought Rs.20 lakh to open an account, the complainant mentioned.

Kumar allegedly paid him Rs.10.18 lakh gradually, which included Rs.1.20 lakh i...