Pune Woman Loses 55 Lakhs in Fake Stock Market App Scam

Pune
N
News18•15-01-2026, 10:51
Pune Woman Loses 55 Lakhs in Fake Stock Market App Scam
- •A 48-year-old Pune woman was scammed out of 55.5 lakh rupees through a fake stock market investment app.
- •She joined a WhatsApp group after clicking a Facebook ad, where 'experts' showed fake profit screenshots.
- •The woman downloaded a non-Play Store app, 'Fidelity-App', and deposited money into 15 different bank accounts.
- •The app showed a fake profit of 1.5 crore rupees, but withdrawal was blocked, with scammers demanding an additional 10 lakh for 'tax'.
- •A case has been registered at Kondhwa Police Station, and police are freezing the involved bank accounts.
Why It Matters: Beware of fake stock market apps and guaranteed profit schemes; always verify investment platforms.
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