Cyber Crime Surge in Pune: Citizens Lose Lakhs in Online Frauds

Cyber police officials emphasize that legitimate investments do not offer overnight high returns. Citizens are advised to take necessary precautions to avoid cyber fraud.
Cyber Crime
Cyber CrimeThe Bridge Chronicle
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Pune: Cybercriminals continue to target Pune residents with fraudulent investment schemes and phishing scams, leading to significant financial losses. In one recent case, a senior citizen from Kothrud lost ₹19 lakh after falling for a fake stock market investment scheme. Another 73-year-old from the same area was deceived into losing ₹39,000.

High-Return Scams on the Rise

A 50-year-old Hadapsar resident was promised a 15% profit within a day on stock market investments. Tempted by the offer, he transferred ₹9.40 lakh but never received any returns. Following his complaint, Wanwadi police have registered a case. Similar cases continue to surface, highlighting the growing menace of financial cyber fraud.

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Fraud Cases Registered on March 13

Several cyber fraud cases were registered in Pune on March 13 alone:

  • A 42-year-old man from Dhankawadi was tricked into investing ₹3.88 lakh in a stock market scheme.

  • A 47-year-old woman from Bhidewadi lost ₹4.18 lakh after being lured with high commissions.

  • A 28-year-old man from Narhe was scammed out of ₹6 lakh in an online task fraud.

Steep Rise in Cyber Fraud Cases

Data from Pune Cyber Police shows a sharp increase in cases of fraudulent stock market investment schemes and online task scams over the years:

Stock Market Fraud Cases

Year: Cases Registered

  • 2023: 6

  • 2024: 130

  • 2025: 17 (Till March 11)

Online Task Scam Cases

Year: Cases Registered

  • 2023: 31

  • 2024 :14

  • 2025: 2 (Till March 11)

Police Urge Citizens to Stay Alert

Cyber police officials emphasize that legitimate investments do not offer overnight high returns. Citizens are advised to take necessary precautions to avoid cyber fraud:

  • Avoid joining unknown Telegram or WhatsApp groups.

  • Change phone settings to restrict who can add you to groups.

  • Only use official apps of reputed companies for trading.

  • Verify registered brokers on SEBI’s website.

  • Do not install APK files from unverified sources.

Where to Report Cyber Frauds

If you fall victim to cyber fraud, immediately report the incident to Pune’s Cyber Police:

  • Cyber Crime Helpline: 1930

  • Police Contact Numbers: 7058719375 / 7058719371

  • Online Complaint Portal: www.cybercrime.gov.in

  • Email: crimecyber.pune@nic.in

  • Cyber Police Station Address: Shivajinagar, Pune

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