• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Tuesday, September 1, 2026
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Top News

Multi-crore scam: Offices of private firm sealed

Incriminating material seized, several accounts freezed, say Police

LCT Desk by LCT Desk
December 21, 2023
in Top News
Reading Time: 2min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

Raja Syed Rather

Srinagar, Dec 20: In a swift, Cyber Police Kashmir has conducted raids at multiple places and sealed the registered offices of a private company involved in duping a large chunk of people of their hard earned money, besides the incriminating materials including electronic devices and documents were seized while several identified accounts operated by the company were frozen.
The government has, however, stated that the investigation has already started and security agencies as well as police are working on technical inputs.
In an official communiqué, a police spokesman said that Cyber Police Kashmir received information that a company, operating under the name “Curative Survey Private Limited” and through a fraudulent website, has allegedly scammed and cheated individuals.
“The victims were deceived by the fraudulent company, enticing them to invest their hard-earned money with false promises of substantial returns. During the preliminary investigation, it revealed that the said company exhorted the common public to register on its website and become a partner in surveys it was undertaking. The registered individuals were promised payment for undertaking those surveys,” the spokesman said.
In the 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, police said.
Taking cognizance of the matter, Cyber Police Kashmir registered a case under FIR number 39/2023, under the relevant sections of IPC and IT Act in Cyber PS Kashmir Zone, Srinagar.
Investigations and details from some victims indicate that the company had allegedly promised payments to people who were registering on their website and carrying out daily survey activities, police said.
The lure of easy money within a short time span attracted unsuspecting individuals to subscribe for this allegedly fake and fraudulent scheme, police said, adding that in the initial stages of the investigation, Cyber Police Kashmir has frozen several identified accounts operated by the said company.
Searchers were conducted at multiple locations and registered offices of the company and the same stands sealed as well. During searches incriminating materials including electronic devices and documents were seized, police said.
“The registered owner promoters of this 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,” police said.
The general public is once again advised to be cautious of online scams and urged to verify the credentials of online schemes before investing their hard-earned money. Citizens affected by this scam are requested to share relevant information, if any, with the investigation agency, police said, adding that the investigation of the said case is being done expeditiously.
Meanwhile, Divisional Commissioner Kashmir Vijay Kumar Bidhuri 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, Bidhuri, said that the issue has been brought into their notice and security agencies and police are working on technical inputs.
He said that a 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.

READ ALSO

Take Red Cross services closer to people: Lt Governor

J&K highly vulnerable to multiple natural hazards: Parl panel

Related Posts

Top News

Take Red Cross services closer to people: Lt Governor

September 1, 2026
Take Red Cross services closer to people: Lt Governor

Srinagar, Aug 31: Emphasising the need to take Red Cross services closer to the people, Lieutenant Governor Manoj Sinha on...

Read more
by LCT Desk
0 Comments
Top News

J&K highly vulnerable to multiple natural hazards: Parl panel

September 1, 2026
J&K highly vulnerable to multiple natural hazards: Parl panel

Srinagar, Aug 31: The Parliamentary Standing Committee on Home Affairs has observed that Jammu & Kashmir remains highly vulnerable to...

Read more
by LCT Desk
0 Comments
Health

J&K Govt revises cancer aid scheme, raises income limit to Rs 4 lakh

September 1, 2026
Govt amends building bye-laws to boost Ease of Doing Business

Srinagar, Aug 31: The Jammu and Kashmir Government has substantially revised the Cancer Treatment & Management Fund for Patients (CTMFP)...

Read more
by LCT Desk
0 Comments
Top News

G A Mir meets Rahul Gandhi

September 1, 2026
Pahalgam attack raises serious questions of security, intelligence failure: G A Mir

Srinagar, Aug 31: Senior Congress leader and MLA Dooru Ghulam Ahmad Mir met Rahul Gandhi in New Delhi on Monday...

Read more
by LCT Desk
0 Comments
National

India rejects Hague tribunal order on Indus Waters Treaty

September 1, 2026
India rejects Hague tribunal order on Indus Waters Treaty

New Delhi, Aug 31: India on Monday rejected the order issued by the Permanent Court of Arbitration in The Hague...

Read more
by LCT Desk
0 Comments
Top News

Altaf Bukhari questions J&K Bank’s lending pattern, recruitment policy

September 1, 2026
People suffering from power outages: Altaf Bukhari

Srinagar, Aug 31: Apni Party president and former Finance Minister Syed Muhammad Altaf Bukhari on Monday questioned the functioning and...

Read more
by LCT Desk
0 Comments
Next Post
Lockdown: Violations galore

Need to gear up

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.