Maharashtra Cyber Fraud Cases Involving Fake Investments and Impersonation Lead to Crore-Scale Losses

Multiple cyber fraud cases across Maharashtra have targeted elderly and middle-aged victims through schemes involving fake investment apps, impersonation of officials, and digital arrest scams. Victims lost amounts ranging from Rs 1.31 lakh to Rs 22 crore after being lured by promises of high returns or threatened with legal action. Fraudsters used WhatsApp groups, fake websites, and video calls to coerce victims into transferring funds to mule accounts. Police have registered FIRs and are investigating these incidents.