Panchkula, June 20 -- A 56-year-old resident of Officer Transit Flats in Sector 12, lost Rs.18.79 lakh to cyber fraudsters, police said. Jagminder Singh mentioned in his police complaint that he came across an online trading advertisement on Facebook promising daily profits of 10% to 20%.

After he shared his personal details online, he received a WhatsApp message from a woman who identified herself as Aarti Bhalla, claiming to be an assistant to some trading expert from Kotak Securities Limited. He was added to a WhatsApp group containing approximately 150 members where discussions revolved around profits from stock trading with specific buy and sell recommendations daily.

After a few days, Bhalla directly messaged Singh and shared a li...