Pune Senior Citizen Loses ₹54 Lakh in Share Market Investment Scam
Pune
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News18•29-01-2026, 14:01
Pune Senior Citizen Loses ₹54 Lakh in Share Market Investment Scam
- •A 51-year-old man from Mundhwa, Pune, was defrauded of ₹53.87 lakh in a share market investment scam.
- •Cyber fraudsters lured the victim with promises of high returns on investments made between November 10, 2025, and December 24, 2025.
- •The victim was instructed to deposit money into various bank accounts after the fraudsters gained his trust.
- •When the victim sought his returns and principal, the fraudsters became evasive, leading him to realize the fraud.
- •Pune Cyber Police have registered a case and initiated a technical investigation, urging caution against investment schemes on Telegram/WhatsApp.
Why It Matters: A Pune senior citizen lost ₹54 lakh to a share market scam, highlighting the need for cyber vigilance.
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