Crime

Money doubling scam: Kashmiri investors duped of ‘crores’ by pvt firm

Firm's signboard erected outside the office in Baramulla. [Photo: Facebook]

Srinagar: In a major financial scandal that has sent shockwaves through the Kashmir valley, online survey company Creative Curative Surveys Pvt Ltd is accused of vanishing after promising to double investments.

The fraudulent scheme has affected thousands, including men, women, and predominantly students, who entrusted their hard-earned money.

The Chennai-based company, with multiple offices across Kashmir, lured investors with the pledge of doubling their money within 10 to 15 days.

The situation escalated when the company’s website became unresponsive, leaving users in the dark about their investments.

Reports of the scam flooded social media platforms in Jammu and Kashmir, leading to protests outside the closed office of Creative Curative Surveys Pvt. Ltd. in Srinagar.

Victims have gathered in large numbers, demanding both their money back and legal action against those behind the scam.

The company had promoted its dubious investment scheme through popular Kashmir-based YouTubers, who are now being held responsible by the victims for their losses.

The youtubers assured the public of the scheme’s safety and fraud-free nature, leading to increased trust and investment.

Protesters in Srinagar specifically blamed one particular Youtuber, whose endorsement played a crucial role in convincing the public to invest.

Another social media influencer, claimed to have personally verified the app’s credibility and security, as shown in the viral videos on social media, which users are now now resharing.

Amid mounting calls for action, the cyber police of Kashmir are being urged to swiftly investigate the scam and hold those responsible accountable.

Investors are anxiously seeking justice for their financial losses, and the situation continues to unfold with uncertainties surrounding the fate of the defrauded funds.

Click to comment
To Top