India, Dec. 31 -- Delhi Police have uncovered a cyber fraud racket that used a fake stock trading application to cheat unsuspecting investors. The police have also arrested two men from Haryana in a case involving a 22.7 lakh loss.

The fraud came to light after a woman doctor from East Delhi reported that she was duped through what appeared to be a legitimate stock market discussion group. Police said the accused created a convincing digital setup, complete with a mobile app that displayed false gains, before cutting off all contact once the money was transferred.

Deputy Commissioner of Police (Shahdara) Prashant Gautam said the complaint was filed by Dr Amita Garg on November 13 through an online portal. "She was added to a group calle...