Srinagar: A significant rip-off involving monetary fraud price crores has surfed within the Kashmir Valley after buyers alleged that they have been duped of their hard-earned cash by some non-public firm primarily based within the Valley.
In keeping with particulars some buyers right now held a protest in Srinagar alleging that they have been duped by a non-public funding agency of their hard-earned cash.
“We have been lured to speculate cash within the firm stating that the cash you make investments will get doubled inside 15 days. This prompted us to speculate cash within the agency and within the first few months they acquired the cash as promised, nevertheless, after someday they didn’t get any response from the agency, which created doubt of their minds,” stated one of many protestors.
She stated that she alongside together with her different members of the family invested round Rs 5 lakh within the agency they usually have been motivated by a social media influencer after he had posted some movies on his YouTube channel, claiming the the agency was genuine and he himself has invested his cash in the identical agency.
“A couple of days in the past we tried to contact the agency and its staff, however we’ve got not been getting any response. We have now now been duped of our hard-earned cash. This firm is fraud because it cheated many individuals right here and duped them of crores,” she added.
In the meantime, native staff who have been working within the agency and have been straight coping with the shoppers or buyers claimed that they’ve themselves been duped of their cash as weren’t conscious of agency’s credentials.
“We’d be requested by directors of the agency, who’re primarily based in Chennai and would typically keep in Srinagar additionally, to ask clients and buyers to speculate their cash primarily based on some plans and their cash can be doubled in 15 days,” stated one of many staff of the agency.
He stated that originally the doubled quantity was credited within the financial institution accounts of consumers or buyers they usually themselves (staff) additionally began to speculate their salaries within the agency, nevertheless, they’ve additionally been duped of the cash in addition to of their employment.
A senior officer of Cyber Police Kashmir siad that they’ve acquired some complaints in opposition to the agency they usually taken cognisance of the identical. “We’re additional investigating the matter and people concerned will likely be shiny to justice,” he stated—(KNO)
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