Real Estate Pune

Pune AI Trading Fraud: 23 Booked, ₹14.70 Cr Loss – Investor Alert

By GeoSquare News Desk · Published 2026-11-01

Pune police have booked 23 individuals in connection with an alleged AI trading fraud that caused a loss of ₹14.70 crore to investors. The case has sent ripples through the local investment community, with many property buyers and real estate investors now questioning the safety of unregulated schemes.

Fraud Details

According to officials, the accused allegedly lured victims with promises of high returns through AI-powered trading platforms. Several investors, some of whom were planning to invest in Pune's growing real estate market, fell prey to the scam. The police have registered a case and are investigating the matter further.

Protecting Your Investment

Real estate experts advise investors to exercise extreme caution when approached with investment opportunities that guarantee quick and high returns. Always verify the credibility of the company, check for proper registration with regulatory bodies, and never share personal financial details without thorough due diligence.

For those looking to invest in Pune property, it is essential to rely on authorised brokers and RERA-registered projects. The city's real estate market continues to show strong demand, but financial prudence is key to avoiding such fraudulent traps.

If you suspect you have been targeted by a similar scam, report it immediately to the local police cyber cell and seek legal counsel.