Pune real estate developer falls for returns bait on investment, loses Rs 6.3 crore

A real estate developer in Pune was defrauded of Rs 6.3 crore by a couple on the promise of lucrative returns on share investments between 2019 and 2023. The case, reported to Deccan Gymkhana police, is now under the Economic Offences Wing's investigation. The developer had been assured an 18% return but was denied the funds when requested recently.