Real Estate Pune

Pune Police Bust ₹1.95 Crore Phishing Fraud Targeting Real Estate

2026-09-23 · GeoSquare News Scraper

Pune Cyber Police have arrested five individuals in connection with a ₹1.95 crore whale phishing fraud that targeted a Kothrud-based real estate firm. The gang allegedly used sophisticated phishing techniques to siphon funds, with links traced to China.

What This Means for Real Estate Buyers

High-value property transactions are prime targets for cyber criminals. Buyers and investors must verify bank details, use secure payment channels, and avoid sharing sensitive information over email or messaging apps.

Protecting Your Property Investments

Always confirm the identity of parties involved, double-check account numbers, and insist on in-person or verified digital signatures for large transfers. Report suspicious activity to cyber police immediately.

Real estate firms in Pune are advised to strengthen their cybersecurity protocols and train staff to recognise phishing attempts. The Kothrud incident highlights the need for vigilance in all property dealings.