Crypto Scam Alert: Pune Man Loses ₹34 Lakh to Fake Investment Scheme
Pune
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News1829-12-2025, 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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