Srinagar, Oct 5 (KNS): The Economic Offences Wing (EOW) of Crime Branch Kashmir has busted an online supply scam worth ?46.90 lakh and registered a case after receiving a complaint about a fraudulent business deal.

According to officials, a complainant alleged that a man from Pune, claiming to be the proprietor of a firm called D.K. Enterprises, had offered to supply “Sifine Natural Nut.” The complainant was assured genuine delivery but, after making an advance payment of ?46.90 lakh, the goods were never supplied.

Following the complaint, a preliminary inquiry was initiated by the EOW. During investigation, it was found that the accused had used deceitful means and falsely represented D.Click Here To Follow Our WhatsApp ChannelK. Enterprises as a genuine supplier to cheat the complainant.

Officials said the accused induced the victim to pay the amount under false promises, which later turned out to be fraudulent.

The investigation revealed that the act constituted offences punishable under Section 420 of the Indian Penal Code (cheating) and Section 66(D) of the Information Technology Act (cheating by personation using computer resources).

A formal case has been registered at Police Station Economic Offences Wing, Crime Branch Kashmir, and further investigation is underway.(KNS)