Chhatrapati Sambhajinagar: A 40-year-old woman from Jinsi Tower, Khas Gate, in the city, became the victim of a cyber fraud and lost her life’s savings of Rs 35 lakh in just over two weeks.
According to Jinsi police inspector Shivaji Budhwant, an FIR has been registered under relevant sections of the Information Technology Act. Police said the scam began when the woman responded to an online advertisement promising expert guidance in equity trading, as reported by The Times of India.

After clicking on the ad on July 4, the woman was added to a WhatsApp group where she received constant messages about investment opportunities. She was then instructed to download a mobile application allegedly linked to a trading platform.
Initially, she began investing small amounts. Seeing what appeared to be steady profits on the app, she was convinced to invest larger sums, including Rs 5 lakh, Rs 8 lakh, and later Rs 14 lakh in separate instalments, as reported.
However, when she tried to withdraw her "earnings," she was told to first pay a 15 per cent service fee, followed by a 20 per cent brokerage charge. She complied and made the payments, but never received any returns. Realising she had been duped, the woman filed a complaint with the Jinsi police, who have launched a probe into the incident.
Woman Duped Of ₹2.46 Lakh In Old Currency Note Scam Via Social Media Ad; Case Registered.
In a seperte news story related to the cyber fraud has come to light in which a woman was cheated of over Rs 2.46 lakh after being lured by a social media advertisement claiming to buy old Indian currency notes and coins. The advertisement, posted by a man named Raj Giani, promised large returns in exchange for rare old currency. Enticed by the offer, the woman engaged with the ad and was gradually drawn into a well-planned scam.
Believing the promises made, she followed the instructions given and ended up transferring a total of Rs 2.46 lakh. However, once the money was paid, she did not receive any return or acknowledgement in exchange for the currency. The victim then approached the authorities, and a case has been registered at the Pydhonie Police Station. A probe has been launched to trace the accused and investigate the fraud.