NAVI MUMBAI, June 7 -- A 51-year-old logistics professional from New Panvel was allegedly duped of Rs.1.09 crore by cyber fraudsters who lured him into a fake stock investment scheme through a WhatsApp group and a fraudulent trading application that showed fictitious profits. The victim approached the Navi Mumbai Cyber Police after discovering that the platform on which he had invested more than Rs.1 crore was part of an elaborate online fraud. According to the FIR, the fraud took place between March 26 and June 3 after the complainant was added to a WhatsApp group named "IIFL Invesco VII 2026 10x Growth Strategy Y113". The group was allegedly operated by persons claiming to be investment experts and representatives of a reputed financial institution. Police said the accused, who identified themselves as R Venkat Raman and Tina Malhotra regularly assured members of unusually high returns. The victim was asked to track his investments through an application called IFLVIP, where his portfolio allegedly showed substantial profits. Encouraged by the profits, he eventually transferred Rs.1.09 crore to accounts provided by the accused. The fraud allegedly came to light when the complainant attempted to withdraw his money and was unable to do so....