Pune: A man from the Ravet area fell victim to a ₹12.4 lakh fraud after being promised high returns from share and IPO investments. The scam took place online between June 4 and July 11, 2024.

The victim, a 35-year-old man, lodged a complaint at Ravet Police Station. The fraudsters, identified as Akshada and Karan Modi, allegedly affiliated with the UBS AG app, lured the victim and his wife through WhatsApp messages, promising lucrative profits.

The accused convinced the couple to download the UBS AG app, which was falsely portrayed as a legitimate share trading platform. The couple invested ₹12.4 lakhs through the app, only to discover later that their funds had been locked when they tried to withdraw them.

Despite repeated requests, the accused revoked all access permissions on the app, leaving the victims defrauded. A case has been registered, and further investigations are ongoing.

Theft at Retired Judge's Pune Apartment; Worker Arrested

In a shocking incident, valuables worth ₹9 lakhs, including jewelry and cash, were stolen from the apartment of a retired judge in the Magarpatta area. The Hadapsar Police have arrested the accused, Sunil Sudam Jagtap, who had been employed to care for the elderly judge.

The theft was discovered when the retired judge, a senior woman, noticed that gold and silver jewelry, cash, and important documents were missing from her cupboard. The police were informed, and Jagtap, who had fled the scene, was subsequently arrested.

During interrogation, Jagtap confessed to the crime, stating that he had stolen the valuables to fund his daughter's education. The case is currently under investigation by Assistant Police Inspector Sandeep Madale.