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Work-from-Home and Investment Scams Lead to ₹1.26 Crore Fraud in Pune

The victim received small returns, prompting him to invest more. The fraudsters stopped responding after significant amounts were transferred.

Salil Urunkar

Pune: A wave of cyber fraud cases has surfaced in Pune, where cybercriminals have exploited citizens through fear tactics and false promises, defrauding them of over ₹1.26 crore across various incidents.

Work-from-Home Scam Costs Woman ₹4.32 Lakh

A resident of Kothrud fell victim to a scam promising work-from-home opportunities. Initially, the fraudsters reimbursed her small sums to build trust.

Encouraged by the initial returns, the woman invested a total of ₹4.32 lakh. Later, she discovered the fraud and lodged a complaint at the Kothrud Police Station.

Youth in Wagholi Loses ₹41.40 Lakh to Arrest Threat Scam

In Wagholi, a young man was conned out of ₹41.40 lakh after fraudsters threatened him with police and CBI action. They coerced him into making immediate payments to avoid legal repercussions. The victim filed a complaint at the Lonikand Police Station.

Forex Trading Fraud Leads to ₹33.78 Lakh Loss

Another youth from Wagholi was scammed out of ₹33.78 lakh under the pretext of investing in foreign exchange (forex) trading. Promised lucrative returns, he transferred funds to the fraudsters, only to realize later that it was a hoax. The incident was reported to the police.

₹49.55 Lakh Stock Market Fraud Case Registered After a Year

A case involving the loss of ₹49.55 lakh in a stock market investment scam has been registered a year after the incident. Between December 2023 and February 2024, a resident of Hadapsar was tricked into believing that investing in the stock market would yield high returns.

Initially, the victim received small returns, prompting him to invest more. The fraudsters stopped responding after significant amounts were transferred. The victim subsequently reported the fraud to the police.

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