Two Pune Based Software Engineers Duped of Rs 46.2 Lakh in Online Share Trading Fraud 

In a distressing turn of events, two software engineers hailing from Dhanori and Pimple Saudagar in Pune have fallen victim to cybercrooks, collectively losing a staggering Rs 46.2 lakh in online shares trading frauds between January and March this year.

The first victim, a 31-year-old techie from Dhanori, was lured by promises of high returns and invested Rs 31.2 lakh from January 16 to March 31. According to his complaint filed with the Vishrantwadi police on Saturday, he was added to a messaging app group after clicking a link on social media. 

Group members discussed profits from share trading, enticing him to join. Subsequently, he downloaded a suggested mobile app and began trading. However, he soon realized he had been deceived when he couldn’t retrieve his money, and the suspect ceased communication.

In the second case, a 37-year-old software engineer from Pimple Saudagar lost Rs 15 lakh to cyber crooks between February 1 and March 19. The suspects, through various interactions, convinced the victim to invest in the share market, ultimately duping him. The victim reported the incident to the Sangvi police on Saturday.

The victim recounted that he was introduced to the suspects via a social media platform, where he was added to a group providing training on share market investments. Subsequently, he was directed to download a mobile app for investing. After transferring the money, the suspects ceased communication, leaving the victim realizing he had been swindled.

These cases underscore the growing menace of online fraud, urging individuals to exercise caution and vigilance when engaging in financial transactions over the internet. Authorities have been alerted to investigate these incidents further and bring the perpetrators to justice, while efforts to raise awareness about online scams continue.