A diamond trader has filed a complaint with the Mumbai police cyber cell, claiming he lost shares worth Rs 59.66 lakh to an online fraud while trying to sell 150 shares he held with a company.

The 35-year-old claimed that he holds a Demat account (digital repository that holds stocks and bonds in electronic form) with Angel One and owned 150 shares in addition to other shares, amounting to Rs 59.66 lakh.