Srinagar, Aug 13 (KNS): The Economic Offences Wing (Crime Branch Kashmir) today (13.08.2025 - Wednesday) carried out searches at multiple locations in District Srinagar in connection with case FIR No. 11/2025 under Sections 420, 467, 468, 471, and 120-B IPC of P/S EOW-S (Crime Branch Kashmir).

The brief facts of the case are that Crime Branch Kashmir received an online complaint wherein it was alleged that the complainant had been duped/cheated by two fraudsters, namely Majid Nazir Najar S/o Nazir Ahmad Najar R/o Batamaloo near Mehboob Public School, and Mubarak Ahmad Rather S/o Nissar Ahmad Rather R/o Gulshan Nagar, Gulposh Colony, who promised high returns on investments in Adarsh Cooperative Society, SBI Life Insurance, and HDFC Insurance companies, and provided the complainant with deposit certificates.Click Here To Follow Our WhatsApp ChannelHowever, during investigation, the certificates were found to be fake and forged.

The accused individuals projected themselves as authorized representatives and agents working with various financial institutions and lured the complainant into making investments in various deposit schemes.

A case was registered under relevant sections of law, and during the course of investigation, evidence confirmed the involvement of both the accused. Both individuals were already taken into custody for further investigation.

House searches at multiple locations linked to the accused individuals already arrested in the case are currently being conducted as part of the ongoing investigation.(KNS)