Pune Crypto Scam: Fake App Shows Rs 80 Lakh Profit Before Vanishing, Techie Loses Rs 69 Lakh to Fraudsters
A shocking crypto fraud case has come to light in Pune. A 48-year-old techie from Lohegaon lost Rs. 69 lakh in a crypto scam. The case shows how online investment fraud is growing fast.
The victim works at a well-known company in Hadapsar. The fraud took place between May and November 2025. Pune cyber police registered an FIR after checking his complaint.
How the Crypto Scam Started
The scam started with a message from an unknown number. The message had a link. The techie clicked the link without doubt. Soon, fraudsters contacted him and spoke about cryptocurrency investment.
They promised high returns in a short time. They asked him to download a crypto trading app. The app looked real and easy to use.
How the Victim Lost Rs 69 Lakh
At first, he invested a small amount. He did not see any profit. Then the fraudsters pushed him to invest more money. They talked about popular cryptocurrencies and claimed they would help him earn profits.
The victim trusted them. He started sending money again and again. The fraudsters gave him details of three bank accounts. He transferred money many times.
The scammers created pressure. They said crypto prices had fallen. They asked for more money to avoid losses. Over time, the total amount reached Rs. 69 lakh.
Later, the app showed a profit of more than Rs. 80 lakh. This made the investment look successful. But when he tried to withdraw the money, he could not.
The app stopped working properly. The fraudsters stopped replying. That is when he understood that it was a crypto scam.
Police Investigation and Warning Signs
Pune cyber police have started an investigation. Officials are checking bank accounts and digital records. No arrests have been made yet.
This crypto fraud shows a bigger problem. Many fake apps now look like real trading platforms. These apps trick people into investing money.
Experts say some signs are easy to spot. Promises of fixed or high returns are risky. Unknown apps and links are dangerous. Pressure to invest fast is also a warning sign.
The case shows that even skilled people can face cybercrime. Crypto investment needs care and proper checks. Simple mistakes can lead to big losses.
