Hyderabad, June 1 -- A 43-year-old private sector employee from Alwal was duped of over Rs 70 lakh in an elaborate online stock trading scam.

According to police officials, the victim was targeted by cyber fraudsters who posed as representatives of Zerodha, a well-known legitimate trading platform.

The fraud, which unfolded over nearly a month, began when the victim was contacted via WhatsApp by individuals identifying themselves as Hanan Delvi and Ishita Paul.

The scammers convinced him to download what they claimed was the official 'Zerodha' trading app through a web link.

Trusting their instructions, the victim proceeded to transfer a total of Rs 72.55 lakh to multiple bank accounts provided by the fraudsters between April 30 and M...