Navi Mumbai: A 58-year-old man from Panvel, working as an accountant with a private firm, was duped of Rs 1.3 crore by a four-member gang of cyber fraudsters. They contacted him on social media and told him that his life insurance policy maturity was due. To get returns, they made the victim transfer money to several bank accounts provided by the fraudsters. An FIR has been filed. The incident occurred between Dec 27 last year and Jan 21. SI Vishal Patil said, “The IP address of the accused is being traced.”