Hyderabad, April 1 -- A man from Uttar Pradesh was arrested in Noida on Monday, March 31, for alleged stock trading fraud in Hyderabad.

The accused was identified as Shiva Shankar, who is involved in three cases of stock trading fraud across India and one of them is in Hyderabad. According to the complainant, he received a WhatsApp message.

Shiva Shankar offered online stock investment ideas for the stock market. The fraudster provided a link to join their WhatsApp group, where they claimed to offer institutional stocks, OTC stocks and Samco group stocks, promising high profits quickly.

Trusting the fraudsters, the victim proceeded to transfer a significant amount of money from his bank accounts. The fraudsters claimed that his investm...