A Bengaluru-based doctor allegedly lost Rs 1.16 crore over the last few months in a cyber fraud after he was lured into investing in initial public offerings (IPOs) and other stocks, said the police. According to the complaint from the victim, a residenet of Srinivasanagar, he was cheated between July 18 and September 19, when he approached the South CEN police and filed a complaint. He said that while browsing Facebook, he had come across an advertisement named IIFL trading, and when he clicked the link, he was made to join a WhatsApp group. A few days after joining a WhatsApp group, the doctor began following others involved in trading. The group members started discussing block trading and IPOs, and the doctor said based on their advice, he invested Rs 1.20 lakh on July 22. His investment yielded significant returns, amounting to Rs 3.63 lakh by August 12, he told the police. The doctor said he was unaware that he was falling for a bigger scam because he could also withdraw the money. Then, in …