FIR registered in scam involving financial fraud worth crores in Srinagar

Srinagar, Dec 19: Cyber Police Kashmir has registered a case in a scam involving financial fraud worth crores and taken up investigation.

The scam involving financial fraud has surfaced in Srinagar after investors said that they were duped of their hard earned money by a private company based in the Valley.

The investors on Tuesday staged a protest and appealed to police to get their hard earned money back.

The FIR 39/2023) has been registered in Cyber Police Kashmir and investigations are underway. Police said raids to nab the fraudsters are also on the cards. “We have registered a case and are carrying out in-depth investigations,” Superintendent of Police, Cyber Police Kashmir, Iftikhar Talib told Greater Kashmir.

The protestors said that they were lured to invest money in the company stating that the money will get doubled within 15 days. “In the first few months we received the money as promised,” they said, adding that “after sometime we didn’t get any response from the firm, which created doubt in our minds.”