Hello dear readers, welcome to INDIARESULTS, in this article I am going to tell you about the important update on the latest money doubling scam in Kashmir, how they trapped the innocent people of Kashmir in this money doubling scam. Read the article for details.
Srinagar, Dec.20: Cyber police Kashmir has filed a complaint against a purportedly fraudulent company operating under the name and style of “Curative Survey Private Limited” for allegedly operating a phoney website that deceived and fooled the public into believing they would receive enormous returns on their investments in Jammu and Kashmir.
The financial fraud scam has surfaced in Srinagar after investors claimed on Tuesday that a private company based in Kashmir had defrauded them of their hard-earned money. The investors called for the return of their hard-earned money from the police and organised a protest.
The demonstrators claimed that the company had enticed them to invest money by promising to double it in 15 days. They claimed, “After a while we didn’t get any response from the firm, which created doubt in our minds,” but that “in the first few months we received the money as promised.”
“It has been reliably learned that one bogus company under name and style of Curative Survey Private Limited by floating a fraudulent website have scammed and cheated gullible public by falsely promising them of huge returns on their investments,” states a FIR filed against the alleged company. The data also shows that the aforementioned company defrauded its subscribers, the majority of whom were housewives and students, by tricking them into investing their hard-earned money in exchange for fictitious and fraudulent returns promises.
It has also come to light that the aforementioned company misled and deceived its subscribers, leaving them in the dark. Additionally, it has come to light that the aforementioned Company abruptly stopped responding, sparking unrest, suffering, and protests.
Upon receipt of this information, there is a prima facie case of offence under sections 66D of the IT Act and 420 of the IPC. As a result, case FIR No. 39/2023 U/s 66D IT Act, 420 IPC, is registered in this police station, and Inspector rank officer has been given charge of the investigation, according to the FIR copy.
The office in the Karanagar area of Srinagar has been sealed by a magistrate and a team of cyber police.
Teams of cyber police raided five locations today in connection with a financial fraud scheme that involved crores of dollars. During the raids, they confiscated documents and electronic devices.
Investigations are still ongoing to determine the precise amount that individuals throughout the valley invested in this scam.
According to an official who spoke with Kashmir Dot Com, police teams are looking into the case thoroughly and the accused will face harsh consequences. (KDC)
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