Pune Elder Duped of ₹30 Lakh in Fake Stock Investment Scam
Pune
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News1808-01-2026, 13:58

Pune Elder Duped of ₹30 Lakh in Fake Stock Investment Scam

  • A 78-year-old Pune man was defrauded of ₹29.30 lakh in a stock market investment scam.
  • Fraudsters lured the victim with promises of "big profits with small investment" and high returns.
  • They used a fake app to display large profits, prompting the elderly man to invest more money.
  • The victim deposited a total of ₹29.30 lakh into bank accounts provided by the fraudsters.
  • Fraudsters cut off contact when the elderly man attempted to withdraw his original amount and profits; Alankar Police are investigating.

Why It Matters: Beware of fake investment schemes; Pune elder loses ₹30 lakh to cyber fraudsters.

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