Crypto Fraud: Pune doctor duped of Rs 1.71 crore, Jaipur-based doctor under investigation

Pune: Fraudsters in the country have expanded their reach, now targeting even reputed medical professionals. A renowned Pune-based skin specialist, the founder of a Skin Clinic in Baner, and his friend were duped of ₹1.71 crore by a Jaipur-based doctor under the pretext of cryptocurrency investments. In response, the accused has been booked in a fraud case.  

When confronted about the missing funds, the accused allegedly issued death threats, further escalating the conflict. Police investigations have also revealed that the accused has several pending extortion and rape cases in Jaipur.

Also read- Crypto Investment Scam: Hyderabad doctor cheated of Rs 11 crore

The complainant, a 54-year-old doctor from Baner, runs a skin clinic and holds six registered patents. He first met the accused in 2019 through a mutual friend in Jaipur, where both had studied at SMS Medical College. Over time, they developed a close friendship, with the accused frequently visiting Pune.

Between 2022 and 2024, the Jaipur doctor sought skin tightening and anti-ageing treatments from the complainant. During this period, he introduced cryptocurrency investments as a lucrative opportunity, convincing the Pune doctor to invest Rs 10 lakh in August 2022. The accused later claimed that the amount had grown to Rs 25 lakh, convincing him to invest more.