Techie loses ₹59L to crypto trading con; 2 farmers held - The Times of India

Techie loses ₹59L to crypto trading con; 2 farmers held - The Times of India

The arrest of two farmers in Pune cybercrime case

The Dighi police on Thursday arrested two farmers from Indapur.
For allowing cybercrooks to dupe a 38-year-old software engineer of Rs 58.7 lakh by using their bank accounts. The techie lost the sum in an online cryptocurrency fraud between July 15 and Aug 12 using.

Senior inspector Bapu Dhere of the Dighi police said:
"Last month, he noticed an advertisement about investments in stocks and cryptocurrency. When he clicked on the link, he was automatically added to a group of investors on a mobile messenger app."

The officer said:
The crooks offered him a good profit on his investment in cryptocurrency. They took Rs 58.70 lakh from him to different bank accounts between July 15 and August 12. "When the complainant did not get his profit amount, he started pursuing them. He became suspicious when the suspects stopped responding to his calls, following which he approached the police and filed a complaint," he said.

Dhere added: Written by Dheeraj Srivastava - Hindustan Times

Staying Ahead of the Game: New Crypto Fraud Trends in 2026

As of 2026, the cryptocurrency landscape has evolved significantly, with regulatory changes and technological advancements. However, fraudsters continue to adapt, leveraging advanced phishing techniques and sophisticated scams. One notable trend is the emergence of 'decentralized' fraud networks that operate on blockchain platforms, making it harder to trace. To protect investors, exchanges are now employing AI-driven anomaly detection systems to flag suspicious activities. Additionally, regulatory bodies worldwide have established dedicated crypto enforcement units to combat these crimes.

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