Porvorim, Oct. 26 -- The Cyber Crime Cell of Goa Police has arrested two men from Maharashtra for allegedly defrauding a 60-year-old Porvorim resident of Rs.39.01 lakh through a fraudulent online share investment scheme.

According to police, the victim was contacted through WhatsApp and persuaded to invest money after being shown fictitious profits on a fake investment application. Believing the returns displayed on the platform to be genuine, he allegedly continued investing in the scheme.

However, when the complainant subsequently attempted to withdraw his investment along with the purported profits, the accused allegedly demanded additional payments. Communication with them eventually ceased, prompting the victim to approach the auth...