MUMBAI: A “company director” is among two people arrested by the Cyber Police for duping a partner of a private firm of Rs 3.63 crore in an investment scam. The 21-year-old complainant is probably the youngest in the city to have lost crores to a cyber fraud.The fraud took place between March 10 and 25. The complainant’s friend had told him about an individual who gave tips online on share trading. The complainant joined a WhatsApp group called ‘Ganpati Trade Group.’ He noticed group members sharing screenshots of the profits made by them and believed the numbers to be true.The fraudsters then convinced him to become a premium member and install an app. His phone number was also moved to another WhatsApp group called ‘F-6 Mirae Assets”. The fraudsters told him that they ran an institutional account (institutional trading refers to the buying and selling of large quantities of securities by institutions like mutual funds, pension funds, insurance companies, hedge funds, and investment banks). The complainant was asked to make payments which would reflect in an online wallet on the app. He was given a login ID and password and lured with lucrative IPO offers.Gradually, he paid Rs 3.6 crore. But when messages on the WhatsApp group stopped abruptly, he sensed something amiss. He was unable to withdraw his money and decided to approach the police.Under the supervision of senior inspector Nandkumar Gopale, the South Region Cyber Police followed the money trail. They found that some of the money transferred by the complainant was further diverted into various bank accounts. One of these bank accunts was in the name of CWFS Pvt Ltd., a private company with its office located at Goregaon West. But when a police team visited the location, they discovered that the company wasn’t in existence. Of its two “directors,” the police could track down one in Goregaon. He was identified as Mohammad Tanvir Khan, 31, and was arrested on May 27.Further, the police learnt that around Rs 4.89 lakh from the money transferred by the complainant was diverted into the account of a real estate agent from Mira Road. The agent, Adnan Khan, 27, had withdrawn the sum by cheque. Police tracked him down to Mira Road and arrested him on May 27.