Archive · 26 Aug 2026
Pune Cyber Fraud Losses Cross ₹961 Crore, Recovery Remains Low
People in Pune have lost a very large amount of money to online scams.
Police data says the losses totaled more than ₹961 crore.
Only about ₹24 crore has been recovered so far.
Scammers used fake investment websites, social media advertisements and threats of arrest.
In one case, a realtor was shown fake profits before losing ₹2.3 crore.
In another case, a senior citizen allegedly lost ₹10.74 crore after a digital arrest scam.
A 70-year-old lawyer allegedly lost ₹70 lakh to people pretending to be bank officials.
Police are investigating the cases and advising people to check links and investment platforms carefully.
Cyber fraud victims in Pune lost ₹961.15 crore over nearly two-and-a-half years, police data shows.
Police recovered ₹23.94 crore, equal to approximately 2.5% of the reported losses.
The highest annual loss was recorded in 2024, when 1,541 cases involved ₹446.35 crore.
Reported losses totaled ₹277.38 crore in 2025 and ₹237.42 crore across 862 cases in 2026 so far.
Recent investigations include fake investment, digital arrest and bank-official impersonation scams involving losses of crores.
- Who
- Victims in Pune and Pune City Police investigators are involved; the reported cases allegedly involved organized fraudsters and impersonators.
- What
- Cyber fraud caused ₹961.15 crore in reported losses, while police recovered ₹23.94 crore.
- When
- The losses occurred over nearly two-and-a-half years; the data separately covers 2024, 2025 and 2026 so far.
- Where
- Pune City, with funds allegedly routed through bank accounts in Delhi, Hyderabad, Chennai, Pune and Vadodara in one case.
- Why
- Fraudsters allegedly used fake investment platforms, fabricated profits, impersonation of officials and digital arrest threats to obtain money.
- Total reported loss
- ₹961.15 crore
- Total recovered
- ₹23.94 crore
- Recovery rate
- Approximately 2.5%
- 2024 losses
- ₹446.35 crore across 1,541 cases
- 2025 losses
- ₹277.38 crore across 998 cases
- 2026 losses so far
- ₹237.42 crore across 862 cases
- Major cases cited
- ₹2.3 crore fake investment loss, ₹10.74 crore digital arrest loss and ₹70 lakh bank-impersonation loss