Shimla, Feb. 19 -- The rising incidence of cyber fraud is taking a heavy toll on the hard-earned money of ex-servicman in Himachal Pradesh.

In a recent case, a victim was duped of Rs 30 lakh in a fake IPO investment scam.

State Deputy Inspector General (DIG) Rohit Malpani stated that a preliminary investigation has been initiated to unearth the scam and identify those involved.

According to SHO of Cyber Police Station in Mandi FIR is registered on Feburary 17 the against unknown persons who posed as agents of "Wealth Alliance" and the "Indian Sarvin Thinking Group."The fraudsters operated through the Telegram platform, where they lured the victim into joining an investment group. They persuaded him to download a mobile application and in...