Pune Industrialist Loses 11 Crores in Stock Market Scam; 'Naina' Gang Busted

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News18•22-02-2026, 09:44
Pune Industrialist Loses 11 Crores in Stock Market Scam; 'Naina' Gang Busted
- •A Pimpri-Chinchwad industrialist was defrauded of 11.13 crore rupees in a stock market investment scam.
- •The fraud, orchestrated by 'Naina Verma' and 'Professor Gopal Kavelireddy', involved fake SEBI certificates and a bogus investment app.
- •The victim was lured with promises of high returns and invested between November 2025 and January 2026.
- •When the industrialist tried to withdraw funds, the fraudsters made excuses, leading him to report the crime.
- •Pimpri-Chinchwad Cyber Police have registered a case against Naina Verma, Gopal Kavelireddy, eight WhatsApp group admins, and bank account holders.
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