Pune Cyber Fraud: 85-year-old loses Rs 22.03 crore in fake share trading, 8 arrested

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News18•12-02-2026, 05:00
Pune Cyber Fraud: 85-year-old loses Rs 22.03 crore in fake share trading, 8 arrested
- •An 85-year-old senior citizen was defrauded of Rs 22.03 crore in a major cyber fraud case involving fake share trading.
- •Pune Police arrested eight people in connection with the scam.
- •Accused used WhatsApp groups, mobile applications, and fraudulent links to lure the victim with bogus investments.
- •The fraud occurred between November 25, 2025, and January 9, 2026, promising high returns from stock market investments.
- •Police have frozen Rs 3.24 crore of the defrauded amount, and further investigation is underway.
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