KV Network

Multi crore investment fraud: Police, security agencies working on technical inputs: Div Com

Multi crore investment fraud: Police, security agencies working on technical inputs: Div Com
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Srinagar, Dec 20: Divisional Commissioner Kashmir on Wednesday said that investigation has been started into the multi-crore scam investment fraud and also cautioned people not to fall prey to such tactics.

Talking to reporters on the sidelines of a function at SKICC, VK Bidhurisaid 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. (KNO)


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