SRINAGAR: A major rip-off has emerged in Kashmir, with buyers allegedly deceived of crores by a neighborhood personal agency. Cyber Police Kashmir is at present investigating the matter after receiving a number of complaints.
Buyers staged a protest in Srinagar, claiming they had been cheated out of their hard-earned cash by the stated personal funding agency.
“We had been enticed to take a position cash within the firm with guarantees of doubling our funding inside 15 days. Initially, the agency delivered on its guarantees, however after a while, communication ceased, elevating suspicions,” one protester stated.
The investor revealed that she and her household invested roughly Rs 5 lakh within the agency, influenced by a social media influencer who vouched for the agency’s authenticity via movies on his YouTube channel.
“Not too long ago, makes an attempt to contact the agency and its workers have gone unanswered. We have now fallen sufferer to this fraudulent firm, shedding our hard-earned cash. The corporate has deceived many individuals, swindling them of crores,” she added.
In the meantime, native workers, unaware of the agency’s credentials, claimed they had been additionally defrauded of their cash. Workers, directed by directors primarily based in Chennai and sometimes in Srinagar, urged clients and buyers to partake in funding plans promising a doubling of their cash inside 15 days.
“To start with, the promised doubled quantities had been credited to clients’ financial institution accounts, main workers to take a position their salaries within the agency. Sadly, they too have grow to be victims of each financial loss and job termination,” revealed a agency worker.
A senior officer from Cyber Police Kashmir assured that they’ve acquired complaints in opposition to the agency and are actively investigating the matter. “These concerned can be dropped at justice,” he affirmed.
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