India, Aug. 10 -- Greater Noida A 59-year-old man in Greater Noida West was allegedly duped of Rs.70.90 lakh after falling for a fake government advertisement on social media, police said on Sunday, adding that a case was registered at the Cybercrime Branch police station on Saturday.

In his police complaint, the victim, a resident of a high-rise society in Eco Village 1, alleged that in January, he came across a fake advertisement on social media claiming that the scheme had been launched under the Ministry of Finance, offering high returns on an investment of Rs.22,500. But it was actually a fraud.

"Believing that the investment was genuine, I invested the amount," the victim stated in the FIR.

After initial investment, he allegedly ...