Chennai-Based Firm Scams J&K Residents Of Rs 59 Crores By Promising To Double Their Investment In 15 Days | India News

A (*15*)-based firm, having its places of work in several districts of Jammu and Kashmir, allegedly duped tons of of native folks of their hard-earned cash, amounting to crores of rupees. The firm named ‘Curative Survey’ used social media influencers to achieve the belief of the folks and lure them into investing. The firm allegedly siphoned off round Rs 59 crores.

The divisional commissioner Kashmir V Ok Bidhuri mentioned that Cyber Police Kashmir has registered the case on this regard and raided a number of places right now and shortly the culprits will probably be arrested. Police have sealed many properties in reference to the net cash rip-off together with places of work of the fraud firm. 

The victims who misplaced their cash mentioned that the corporate was working underneath the identify of “Curative Survey Private Limited” and thru a fraudulent web site. The victims have been deceived by the fraudulent firm, attractive them to speculate their hard-earned cash with false guarantees of considerable returns.

Police officers mentioned that in the course of the preliminary investigation, it was revealed that the mentioned firm exhorted the widespread public to register on its web site and turn out to be a associate in surveys it was enterprise. The registered people have been promised cost for enterprise these surveys.

In the previous few days, the mentioned firm allegedly stopped the due cost to individuals registered with it, and its promoters and administrators absconded and weren’t reachable by their workers and registered people.

 

Taking cognizance of the matter, Cyber Police Kashmir registered a case underneath the related sections of the IPC and IT Act in Cyber PS Kashmir Zone, Srinagar, officers mentioned.

Investigations and particulars from some victims point out that the corporate had allegedly promised funds to individuals who have been registering on their web site and finishing up day by day survey actions. The lure of straightforward cash inside a brief interval attracted unsuspecting people to subscribe to this allegedly faux and fraudulent scheme. In the preliminary levels of the investigation, Cyber Police Kashmir has frozen a number of recognized accounts operated by the mentioned firm.

Searches have been additionally carried out at a number of places and registered places of work of the corporate and the identical stands sealed as properly. During searches, incriminating supplies together with digital gadgets and paperwork have been seized. The registered proprietor promoters of this firm are being recognized. The position of native workplace workers and individuals selling the schemes on social media can also be being investigated, officers mentioned.