Crypto Scam Alert: Pune Man Loses ₹34 Lakh to Fake Investment Scheme

Pune
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News18•29-12-2025, 10:08
Crypto Scam Alert: Pune Man Loses ₹34 Lakh to Fake Investment Scheme
- •Digvijay Suresh Sutar, 30, from Hinjawadi, Pune, defrauded of ₹33.96 lakh in a crypto investment scam.
- •Fraudsters promised 30-40% returns, initially paid small amounts to gain trust.
- •Victim was asked to deposit money for 'taxes, processing fees, and technical issues' into various accounts.
- •Accused cut contact after the victim demanded full returns, leading to a police complaint on Dec 27.
- •Hinjawadi Police are investigating, urging public vigilance against high-return online investment scams.
Why It Matters: Beware of high-return crypto investment scams; always verify before investing online.
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