Two Pune Women Lose ₹ 37 Lakhs To Online Share Market Fraud 

Pune Sees Multifold Rise In Online Share Trade Frauds, Citizens Lose Rs 116 Crore

Pune Sees Multifold Rise In Online Share Trade Frauds, Citizens Lose Rs 116 Crore

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Pune: Two women, a medical practitioner from Ambegaon-Budruk and an employee of a private company from Thergaon, fell victim to an online share market fraud, collectively losing Rs 37 lakhs in separate incidents.

According to reports, the employee, in her complaint to the Wakad police, stated that she was added to various mobile messenger app groups in March this year, where she was promised profitable returns on investments in the stock market. Over the course of two months, from March to May 8, she transferred Rs 29.38 lakhs to the bank accounts provided by the fraudsters. However, when she refused to transfer more money, the perpetrators ceased communication, leaving her duped.

In another incident, a medical practitioner lodged a complaint with the Bharati Vidyapeeth police after losing Rs 7.84 lakhs to cybercrooks. Similarly, she was enticed with promises of a 200% profit on her investment in the stock market. Between April and May 13, she transferred funds to various bank accounts as directed by the fraudsters, only to realize later that she had been swindled.

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In a separate case, cybercriminals targeted a lawyer from Pimple Gurav and an employee from Wagholi, tricking them into online task fraud. Both victims collectively lost Rs 13.68 lakhs in the scam, as they were offered part-time jobs to complete tasks.

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Authorities have launched investigations into these incidents, urging the public to remain vigilant against such fraudulent schemes. Instances of online fraud underscore the importance of exercising caution while engaging in financial transactions and partaking in online activities. Vigilance and awareness are essential to safeguard against falling victim to cybercrime.

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