Jammu & Kashmir

Multi-crore scam: Police, other agencies working on technical inputs, says Div Com

The banner of the fraud firm outside one of their offices in Baramulla.

Cautions people not to fall prey ro such tactics

Srinagar: Divisional Commissioner Kashmir on Wednesday said that investigation has been started into the multi-crore scam and also cautioned people not to fall prey to such tactics.

Talking to reporters on the sidelines of a function at SKICC, VK Bidhuri said that the issue has been brought into their notice and security agencies and police are working on technical inputs.

He said that probe is already underway and they are hopeful that people, who lost their money, will get it back.

“There is always a need to behave cautiously as prevention is better than falling prey to these incidents,” he said.

On Tuesday, a multi-crore scam surfaced in the Kashmir Valley after scores of investors alleged that they were duped of their hard earned money by a private investment firm.


(Except for the headline, this story has not been edited by FPK staff and is published from a syndicated feed from KNO)

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