Panchkula, Aug. 20 -- A 54-year-old pharmacy officer from Sector 4, Panchkula, has lost Rs.14.16 lakh in a stock market investment scam. The victim, who works at the Haryana Home Guard and Civil Defence training institute in Moginand village, filed a complaint on August 16 after being duped by scammers operating through WhatsApp and a fake trading app. The fraud began on July 14 when he came across a video on Instagram by one Sagar Sinha promoting high returns through stock trading. This led him to a WhatsApp group named "C-87 Motilal Oswal The Karma Classroom," where he was guided by admins to invest via a fake app called "Mofsl Max." He initially invested Rs.1 lakh, followed by more transfers totaling Rs.14.16 lakh. The scammers fabricated a fake IPO of "Shree Refrigeration," promising massive profits to lure him into transferring more funds. Eventually, when he refused to pay a larger sum, the app was taken down. Realising the fraud, the victim approached the cybercrime police. Police have registered a case against unknown individuals under Sections 316(2), 318(4), and 61(2) of the Bharatiya Nyaya Sanhita and a probe is on. A 65-year-old man from Rehore village lost Rs.1.10 lakh after receiving a video call from a nude woman, followed by threats and impersonation of police. On July 18, the victim received a video call from a nude woman and was later threatened via messages claiming an explicit video of him would be posted online. On July 21, a man impersonating a police officer called him, saying the Chandigarh Police were preparing to arrest him. Panicked, he transferred Rs.1.10 lakh to have the alleged video deleted. When more money was demanded, he realised the fraud and filed a complaint. A case was registered on August 18 under Sections 316(2) and 318(4) of the BNS. Investigation is ongoing. The cybercrime police have arrested 34-year-old Joshua Oscar Nevis from Mumbai for impersonating a city resident's employer on WhatsApp and defrauding him of Rs.1.3 crore. Nevis allegedly requested money for a fake project and is currently in custody under interrogation....