A 77-year-old retired senior engineer from Central Railways in Pune lost Rs 26.7 lakh after falling victim to cybercrooks who lured him with promises of high returns on investments in a pharma company.
Complaint and FIR
The victim, a resident of Mundhwa, filed a complaint with the Pune cyber police approximately two months ago. Following verification, a formal First Information Report (FIR) was registered on Friday at the Mundhwa police station. The fraud occurred over five months, between May and October last year.
How the scam unfolded
According to police, the retired engineer received a message at home claiming he could earn substantial profits by investing in a pharmaceutical company. The suspects promised a quick profit of Rs 20,000 on an investment of Rs 80,000. They urged him to invest as much as possible to secure good returns within a few days.
The suspects then provided details of 17 bank accounts. Over time, the 77-year-old transferred a total of Rs 26.7 lakh into these accounts. After two months of investing, he attempted to contact the suspects via the cellphone number used for coordination, but his calls went unanswered.
Police investigation ongoing
Authorities are investigating the case and working to trace the suspects and the money trail. The incident highlights the growing threat of cyber fraud targeting senior citizens with promises of quick and high returns.
