CBK conducts searches at multiple locations in Srinagar

Srinagar, Aug 13: The Economic Offences Wing of Crime Branch Kashmir has conducted searches at multiple locations in Jammu and Kashmir’s capital city–Srinagar. The searches were carried out in connection with a case under FIR No. 11/2025 under Section 420, 467, 468, 471, 120-B IPC of P/S EOW-S (Crime Branch Kashmir), officials said on Wednesday.

In a statement, an official spokesperson stated, “The Crime Branch Kashmir received an online complaint, wherein it was alleged that the complainant has 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 investment in Adarsh Cooperative Society, SBI Life insurance and HDFC Insurance companies and provided the complainant with deposit certificates.”

“However, 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 complainant to make investments in various deposit schemes,” he added.

He said that a case was registered under relevant sections of law, and during the course of investigation, evidence confirmed the involvement of both the accused.

He said that “Both individuals were already taken into custody for further investigation.”

He further said that house searches at multiple locations linked to the accused individuals are currently being searched as part of the ongoing investigation.