A Pune-based doctor was allegedly cheated of ₹12.3 crore in an online share trading fraud, prompting a cyber crime investigation. The case highlights the growing risk of financial scams conducted through digital investment platforms and communication channels.
Victim Targeted Through Online Contact
According to police, the doctor was contacted by unidentified individuals who introduced an online share trading opportunity. The accused allegedly convinced the victim to invest money by promising substantial returns.
The fraudsters maintained communication with the victim and gradually persuaded him to transfer funds for investment purposes.
Funds Transferred Over Multiple Transactions
Police said the doctor transferred a total of ₹12.3 crore in multiple transactions to bank accounts provided by the accused. The payments were made over a period of time as the victim continued to invest based on assurances given by the fraudsters.
The victim later realised the fraud after facing issues while attempting to withdraw the invested amount.
Case Registered By Cyber Crime Police
Following the complaint, a case has been registered at the cyber police station. Authorities have initiated an investigation to trace the accused and track the financial transactions involved in the fraud.
Police are examining bank account details and digital evidence to identify those responsible.
Investigation Underway
Officials stated that efforts are ongoing to locate the suspects and recover the defrauded amount. The case adds to a series of similar online investment frauds being reported, where victims are lured with promises of high returns.
Authorities continue to urge individuals to exercise caution while engaging in online investment schemes.
About the author – Ayesha Aayat is a law student and contributor covering cybercrime, online frauds, and digital safety concerns. Her writing aims to raise awareness about evolving cyber threats and legal responses.
