Pune Doctor Loses ₹26 Lakh in Real Estate Investment Scam

A medical practitioner from Pune lost ₹26 lakh to a real estate investment scam. The fraud took place between June and July this year.

Real Estate ScamInvestment FraudPuneDoctor Loses MoneyChikhali PoliceReal Estate PuneAug 30, 2024

Pune Doctor Loses ₹26 Lakh in Real Estate Investment Scam
Real Estate Pune:A doctor from Pune has lost ₹26 lakh to a real estate investment scam. According to the police, the fraud took place between June and July this year. The woman lodged a complaint against the suspect on Thursday.The suspect had promised the doctor good returns on her investment in a real estate company. The doctor initially invested ₹1.25 lakh and received ₹1.61 lakh within seven days. Encouraged by the returns, she invested an additional ₹25.8 lakh, expecting similar results. However, she lost all of her investment.

The police have booked the suspect under sections 318 (cheating), 316 (criminal breach of trust), 335, and 336 (forgery) of the Bharatiya Nyaya Sanhita (BNS). The suspect is currently on the run.This is not an isolated incident of investment fraud. Recently, a retired SBI employee from Gurgaon was cheated of ₹8.5 lakh by cyber fraudsters who convinced him to invest in fake stock market schemes via WhatsApp and Telegram groups.

In another incident, three people, including two women, lost ₹72 lakh to fraudsters who promised high-paying online jobs. The victims were lured into paying security deposits and additional amounts after initially earning small amounts.A budding entrepreneur from Vattiyoorkavu also lost ₹10 lakh after renting a shop without a valid number. This prevented her from getting a licence and led to a closure notice from the city corporation.

The Pune police have advised citizens to be cautious when investing in real estate or other schemes. They should verify the credentials of the company and the suspect before investing any money.The Chikhali police are responsible for maintaining law and order in the Chikhali area of Pune. They have been actively working to prevent investment fraud and other crimes in the region.

Frequently Asked Questions

How much money did the doctor lose in the real estate scam?

The doctor lost ₹26 lakh in the real estate scam.

What sections of the Bharatiya Nyaya Sanhita (BNS) has the suspect been booked under?

The suspect has been booked under sections 318 (cheating), 316 (criminal breach of trust), 335, and 336 (forgery) of the BNS.

What is the name of the police station that booked the suspect?

The Chikhali police booked the suspect.

How can citizens prevent investment fraud?

Citizens should verify the credentials of the company and the suspect before investing any money.

What is the advice of the Pune police to citizens?

The Pune police have advised citizens to be cautious when investing in real estate or other schemes.

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