Woman loses 44L in online share-trading fraud | Pune News

Saroj Kumar
2 Min Read



Pune: A 31-year-old housewife from Pimple Gurav lost Rs44 lakh to cybercrooks in an online share-trading fraud between Dec last year and Jan this year. The woman filed an online complaint after realising that she was being duped. After preliminary investigations, a case was registered with the Sangvi police on Saturday.An officer from the Sangvi police told TOI that the woman’s husband is working with a software company in Baner. She stated in her complaint that in Dec last year, the crooks contacted her through a social media platform. They shared a link to an app with the woman. The woman filled in her details in the link and downloaded the app for trading.

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“The crooks then added her to a group of investors on a mobile messaging app. The members in the group used to share the profit they earned by investing in the stocks through the company,” the officer said.He said that a woman, who posed as an official of the company, contacted the complainant and assured her 10% profit per month on her investments in the shares. Believing her, the victim went on transferring the amounts to the bank account numbers provided to her. Between Dec 15 last year and Jan 13 this year, the woman transferred Rs43.87 lakh to different bank accounts.“The app showed that the woman earned a profit of Rs 1.75 crore on her investments. When she tried to withdraw her money, the crooks demanded Rs30 lakh more. The woman realised that she was being duped and lodged a complaint,” the officer said.



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Saroj Kumar is a digital journalist and news Editor, of Aman Shanti News. He covers breaking news, Indian and global affairs, and trending stories with a focus on accuracy and credibility.