Real Estate Pune

Pune Property Investors Alert: ₹2.2 Crore Online Fraud Sparks Cyber Worry

By GeoSquare News Desk · Published 2026-10-29

A city-based software professional has lost ₹2.2 crore to an online share-trading fraud, exposing the growing risk of digital financial crimes in Pune. The incident, reported this week, involved a fraudulent trading platform that lured the victim with high returns before siphoning off the money.

Why It Matters for Property Buyers

Though the fraud was linked to share trading, the modus operandi is a stark reminder for Pune's real estate investors. Large-ticket transactions such as token advances, stamp duty payments, and registration fees are increasingly being done online, making buyers vulnerable to similar phishing and fake-platform scams.

Key Safety Measures

Property buyers should always verify the authenticity of payment links and never transfer funds to personal accounts. Use only bank-to-bank transfers or recognised payment gateways linked to registered developers and brokers. Cross-check project details on the Maharashtra RERA website before making any online payment.

Experts also advise investors to avoid unsolicited investment tips on social media and messaging apps. If a platform promises unusually high returns or creates urgency, it is likely a trap. In case of fraud, immediately inform your bank and file a complaint with the local cyber crime cell.