Pune, September 24, 2025 – A 36-year-old man from Bhosari was cheated of ₹1.11 crore in a cryptocurrency fraud after being lured with promises of quick profits through bitcoin and digital gold mining investments.

According to police, the incident occurred between March 25 and July 23, but the victim lodged a complaint at the Pimpri Chinchwad Cyber Police Station only on September 22 after realizing he had been conned.

Investigators revealed that fraudsters convinced the man to invest through multiple online transactions, assuring him of high returns. He eventually transferred ₹1.11 crore to the scammers. To maintain the illusion, the gang showed him fake profits of nearly ₹7 crore through a dashboard app they asked him to install on his phone.

However, when the victim attempted to wit

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