India, May 16 -- The Baner police have lodged a cyber fraud case against some individuals for duping a resident of Rs.40.26 lakh with promise of high returns in online share trading and investment. The 37-year-old complainant from Comfort Zone Society approached the police stating that he was approached by the fraudsters who offered him huge returns in online gold trading.

He fell for the bait, transferred Rs.40.26 lakh in various transactions and found out that he was been duped in October 2024, and later filed police complaint. The police have collated data of beneficiary accounts in which the stolen amount was credited, and further probe has been initiated.

In the second case, the Baner police on May 14 lodged a case against some onl...