Hinjawadi Teacher Duped of Rs. 16.24 Lakh in Online Share Trading Fraud in Pune
A teacher, about 49 years of age, from Marunji near Hinjawadi IT Park, was duped of Rs. 16.24 lakh in an online share trading fraud that took place between October 13 and October 25, 2026.
According to Hinjawadi Police, an unidentified person contacted the victim through WhatsApp and asked him to download a mobile app for share trading and also added him to various WhatsApp groups.
The accused then convinced the victim to transfer money to a Punjab National Bank account under the pretext of purchasing shares. This resulted in a total financial loss of Rs. 16,24,600.
Upon sensing something wrong, the victim approached Hinjawadi Police Station and sought help.
Accordingly a complaint has been registered u/s 318(4) and 316(2) of BNS and u/s 66(C) and 66(D) of the Information Technology Act on October 28, 2026 at 11.12 pm.
The victim remains unidentified and the case highlights the risks of relying on strangers for online financial gains.
