What TV doesn't, print can't; we deliver.
What TV doesn't, print can't; we deliver.
SRINAGAR: Cyber Police Kashmir on Wednesday conducted searches at multiple locations in Kashmir Valley. The registered offices of the “Curative Survey Agency” have been sealed. During searches, incriminating materials including electronic devices and documents were seized.
A statement issued by the Kashmir Zone Police said that the preliminary investigation revealed that the company exhorted the common public to register on its website and become a partner in surveys it was undertaking.
On Tuesday, Cyber Police Kashmir registered a case under Section 66D of the IT Act and 429 IPC based on complaints against the private firm at Cyber Police Station Srinagar.
“In last few days, the company allegedly stopped the due payment to persons registered with it, and its promoters and directors absconded and were not reachable by their staff and registered individuals,” Kashmir Zone Police said, confirming that a case in this regard has been registered.
Also Read: Rs 60 crore financial fraud surfaces in J&K; 50,000 investors duped
Police said that in the initial stages of the investigation, Cyber Police has frozen several identified accounts operated by the company. The company had allegedly promised payments to persons who were registering on their website and carrying out daily survey activities. The lure of easy money within a short period attracted individuals to subscribe to this fake and fraudulent scheme.
The police said that the registered owner promoters of the company are being identified and being investigated. “The role of local office staff and persons promoting the schemes on social media is also being investigated.”
The financial fraud came to light after the investors alleged that they were duped of their hard-earned money by a private company based in J&K under the banner of Curative Survey Agency. As per reports, in the last few days, the company stopped payments to people associated with it and its promoters and directors absconded and were not reachable by their staff and registered individuals.
Meanwhile, local employees who were working in the firm and were directly dealing with the customers or investors claimed that they had been duped of their money as they were not aware of the firm’s credentials.
