NAVI MUMBAI, July 24 -- A 43-year-old woman entrepreneur from Belapur was duped of Rs.2.29 crore in an online trading fraud between April and July this year. The frauds introduced themselves as the representatives of a popular financial advisory firm, asked her to download a trading app and invest money through it, said a police officer. According to the police, the victim's husband was added to a WhatsApp group named 'VIP 1 Equity Exchange', where tips for making profits on investments were shared. On seeing that the members of the group were making huge profits, he also wanted to invest and expressed interest. "The frauds contacted him and introduced themselves as representatives of a reputed financial advisory platform. They provided a multi-phase trading scheme, assuring impressive returns," said the investigating officer of the case. Under their guidance, the couple downloaded a trading application named 'impv pro', created an account in the woman's name, and started investing, said the officer. Between April and July this year, the woman transferred Rs.2.29 crore to various bank accounts, details of which were shared by the frauds. On July 20, when she wanted to invest in an IPO and was asked to pay an additional charge of Rs.4.18 crore. "She then called the customer care and discovered that the company does not operate through any mobile application and realised that she was defrauded," he added....