Mysore/Mysuru, May 3 -- A Mysuru resident has been duped of Rs. 17.10 lakh in a well-planned online trading scam.

The fraud was carried out through fake investment platforms and was coordinated by multiple individuals. A case has been registered at the City's Cyber Crime, Economic Offences and Narcotics (CEN) Police Station.

According to the Police, the victim (name withheld to protect identity) was initially influenced by some of his friends to invest in online trading through a private firm.

Believing them, he began with small investments and was able to withdraw some returns, which helped build his trust in the platform.

However, on Dec. 16, 2025, one of his friends contacted him over WhatsApp, claiming that the company in which he...