Archive · 20 May 2025

Pune Man Loses 40 Lakhs in Online Share Trading Scam

Pune Man Loses 40 Lakhs in Online Share Trading Scam

A 63-year-old man in Pune was tricked into giving away a large sum of money in an online stock trading scam.

Scammers convinced him to invest in stocks through a fake app, promising high returns.

They provided training and a trading account, making it seem like he was earning money.

However, when he tried to withdraw his money, he couldn't, and the scammers kept asking for more, citing errors.

After transferring about 40 lakh rupees, he realized it was a fraud and reported it to the police.

Sources