Archive · 20 May 2025
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.
A 63-year-old man from Pune was defrauded.
The scam occurred between February and May.
Rs 40 lakh was stolen through online share trading.
The victim was promised high returns on investments.
The victim reported the fraud to the Dighi police.
- Who
- A 63-year-old resident of Dighi was the victim; cyber crooks were the perpetrators.
- What
- A 63-year-old man was defrauded of Rs 40 lakh in an online share trading scam.
- When
- February 26 to May 2
- Where
- Dighi, Pune
- Why
- To steal money from the victim under the pretense of stock market investments.
- Victim Age
- 63
- Amount Stolen
- Rs 40 lakh
- Location
- Dighi, Pune
- Crime Type
- Online Share Trading Fraud