Pune Cyber Police Bust International Gang Involved in Rs 60 Lakh Online Share Trading Fraud
Pune, 30th June 2025: The Pune Cyber Police have uncovered an international cybercrime racket that duped unsuspecting citizens of lakhs of rupees by luring them with promises of huge profits through fake online share trading and IPO schemes. Six accused, including Nepali nationals, have been arrested so far in the case.
₹60 Lakh Fraud via Fake Trading App
According to police, the complainants were contacted via phone calls and WhatsApp messages by accused Divyanshi Agarwal and Ashok Reddy. The duo persuaded the victims to invest in share trading using a bogus platform through a fraudulent mobile application named Trashunya. Trusting the false promises, the victims were tricked into transferring a total of ₹60.20 lakh.
During the investigation, it was revealed that ₹14.30 lakh of the defrauded amount had been transferred to a finance bank account linked to Adiyogi Scrap and Waste Management LLP, a company based in Shivne. The company’s director, Aniket Prashant Bhadle, a resident of Shivajinagar Gaothan, has been arrested.
Gang Members Used Bank Accounts and Digital Tools
Further investigation led to the arrest of four more individuals from a hotel in Narhe, including Nepali citizens Norbu Sherpa (28) and Ang Nuri Sherpa (21), along with Indian nationals Sagar Machhindra Gaikwad (26), a resident of Ganeshmala, Sinhagad Road, and Shivtej Ashok Gunjkar (33), from Jambhulwadi, Ambegaon.
Police said the accused were actively using multiple bank accounts, SIM cards, and digital devices to route and withdraw the fraudulent funds.
Massive Seizure of Digital Evidence
In a major breakthrough, Pune Cyber Police seized a large cache of evidence from the arrested individuals, including:
10 mobile phones
10 pen drives
53 bank debit cards
174 SIM cards
55 chequebooks
4 laptops
27 QR codes
Swipe machines
Digital video recorders (DVRs)
4 hard disks
Other digital tools used in the crime
Investigation Led by Senior Police Officials
The operation was carried out under the guidance of Police Commissioner Amitesh Kumar, Joint Commissioner Ranjan Kumar Sharma, Additional Commissioner of Crime Branch Pankaj Deshmukh, and DCP Vivek Masal.
Assistant Commissioner Machhindra Khade, Senior Police Inspector Swapnali Shinde of the Cyber Police Station, Inspector Sangita Devkate, ASI Sandesh Karne, and police personnel Praveen Singh Rajput, Rajudas Chavan, Amar Bansode, Janhvi Bhadekar, Prashant Borhade, and others played a key role in the investigation and arrests.
The police have appealed to citizens to stay vigilant and avoid falling prey to such fraudulent investment schemes. Further investigations are underway to identify more members of the cybercrime network and track the remaining fraudulent funds.
