Srinagar, December 31(KB): A major financial scam by a fraudulent company has been unearthed in Srinagar, with one accused arrested so far.
According to a press release by the Cyber Police Station Kashmir Zone Srinagar, it was learned on December 19 that a bogus company named ‘Curative Survey Private Limited’ had scammed and cheated the public. The company lured people to invest money through a fake website with false promises of high returns. After taking investments, the company shut down and became unresponsive.
An FIR (No. 39/2023) was registered under IT Act and IPC sections. A Special Investigation Team (SIT) was set up for in-depth probing into the scam.
Investigations revealed the company had opened 6 offices in Kashmir and 1 in Jammu earlier this year to execute the fraudulent scheme. All offices have been searched and sealed by the SIT.
Statements of employees and victims were recorded. The SIT has identified 6 accused persons from outside J&K who masterminded the scam. One key accused has been arrested from Tamil Nadu so far.
Police teams are hunting for the other accused. The financial loss is being assessed through evidence and witnesses. All company bank accounts have been frozen.
Involvement of local employees and social media influencers who promoted the company is also being probed. So far, 27 complaints have been received by the Cyber PS.
The public is requested to come forward and register complaints if they have fallen victim to this scam. Police advise citizens to be vigilant against such fraudulent money-making schemes. The scam has highlighted the need for greater awareness regarding cyber financial frauds.(Kashmir Bulletin)
