Pune Police Register Multiple Cheating, Cyber Fraud Cases; Losses Cross ₹7 Crore In A Single Day
Pune Police Register Multiple Cheating, Cyber Fraud Cases; Losses Cross ₹7 Crore In A Single Day
Pune, January 30, 2026: Pune police have registered several cheating and cyber fraud cases across the city, with cumulative losses exceeding ₹7 crore, officials said on January 28.
In a major case from Koregaon Park, four individuals were booked for allegedly cheating jewellery traders of gold and silver worth ₹3.27 crore. The accused reportedly approached the owners of Navkar Jewellers and Shri Navkar Plus, posing as legitimate buyers with credible business backgrounds. After gaining their trust, they took delivery of large quantities of precious metal ornaments, promising payment within a few days. However, the payment was never made and the accused later became untraceable. Police are investigating the case and efforts are on to recover the valuables.
In Kothrud, a 68-year-old senior citizen was allegedly duped of ₹40.99 lakh in a fraudulent investment scheme promising unusually high and guaranteed returns. The accused initially paid small amounts to gain confidence before persuading the victim to invest large sums.
Another Kothrud resident, aged 49, lost ₹22.02 lakh in an online share trading scam operated through WhatsApp groups displaying fake profit dashboards. In a separate case from the Alankar area, a woman was cheated of ₹20.16 lakh in a Telegram-based ‘online task’ fraud.
Police also uncovered a cheque fraud worth ₹1.11 crore at a Camp-area bank, involving forged signatures from the account of an 87-year-old senior citizen.
Police have registered all cases under relevant provisions of the Bharatiya Nyaya Sanhita and the IT Act, urging citizens to verify credentials and report suspicious transactions promptly.
