Chandigarh, July 4 -- A 61-year-old resident of Sector 37-D has alleged that he was defrauded of over Rs.52.8 lakh by cyber fraudsters operating under the guise of HSBC Securities, promising high returns through IPOs, block deals, and pull-up stock schemes. According to an FIR, the victim Guljit Singh Dadhwal, stated that he was added to a WhatsApp group allegedly operated by individuals impersonating officials of HSBC Securities. The group frequently discussed high-return investments, leading the complainant to believe he was participating in legitimate trading activities. The accused instructed Dadhwal to download a fraudulent app-HSSPMA-via a suspicious Google Play Store link, claiming it was a 'Primary Market Account' portal. Once onboarded, he was guided to deposit large sums through RTGS/NEFT into multiple Bandhan Bank accounts, purportedly belonging to brokers. Between March 22 and April 21, Dadhwal transferred Rs.52.8 lakh in tranches. The FIR has been registered under Sections 319(2), 318(4), 338, 340(2), and 62(2) of the BNS.htc...