Maharashtra Cyber Fraud Cases Involving Fake Investment Platforms Reported

Two separate cyber fraud cases in Maharashtra involved victims being deceived through fake investment platforms. In Pimpri-Chinchwad, a businessman lost Rs 5.77 crore after investing via a fraudulent stock market app promising high returns. In Mumbai, a 70-year-old man was duped of Rs 1.65 crore through a bogus cryptocurrency trading app after befriending a scammer on Facebook. Both victims were shown fake profits but were unable to withdraw funds, leading to police investigations.