A 42-year-old man from Andheri lost Rs 36.47 lakh, his entire savings, to a stock market cyber fraud after being added to a Facebook group named ‘Close Companions’ on February 10. The victim said he was scrolling through the social media app when he came across a page, which led him to the group. He was later contacted by a woman claiming to be from the securities division of the bank, who offered stock market investment advice. Trusting her guidance, the man fell prey to the scam.

According to the FIR, the woman who had contacted the complainant identified herself as Riya Bansal. She claimed to be from the bank’s securities section and offered to guide the complainant in stock market investments. After initiating contact, the woman added the victim to another group named ‘... High-End Customer Segment’.