The fraud came to light after some local residents, hailing from different districts of the Union Territory, lodged a written complaint against the accused.
Srinagar: The Crime Branch of Jammu and Kashmir police has enlisted a FIR against four occupants of Haryana for hoodwinking individuals of Rs 1.5 crore on the appearance of giving reward salary after at regular intervals of venture of cash in their organization.
The extortion became exposed after some neighborhood occupants, hailing from various areas of the Union Territory, held up a composed protest against the denounced – Balwinder Kumar, Sushil Kumar, Deepak and Sandeep Kumar, a representative of the Crime Branch said on Saturday. “A conventional case has been enlisted and examination began after fundamental request set up that the blamed have brought forth a criminal trick to cheat and coerce cash from the complainants and others,” he said.
They had cheated Rs 1.5 crore by unlawful and fake methods on the appearance of giving reward salary like clockwork of speculation of cash in the organization Messrs Swarn Bhav Gold Private Limited, the representative said. In their grievance, the representative said Mohammad Younis of Pulwama, Asrar Ahmad of Srinagar, Ayaz Ahmad of Poonch and Mushtaq Ahmad Dar of Rajouri asserted that Swarn Bhav Gold Private Limited came to Jammu and Kashmir in October 2017 and propelled a program in the wake of leading workshops at various inns.
The representative said the organization dishonestly baited people in general to put away cash and get reward salary after at regular intervals and further guided them to make a system to get progressively extra pay. With such a usual way of doing things, the organization gathered Rs 2 crore from occupants in the UT through the span of a quarter of a year by means of money just as bank exchanges.
“The complainants and others whoever put away the cash got their reward well in time at the underlying stage, yet from that point their rewards got halted. At the point when the complainants and financial specialists reached the charged people, they were informed that some product issue has come up in the organization’s contraptions and they will get the cash returned when that gets comprehended,” the representative said.
At the point when the complainants moved toward the denounced people after some time, they were informed that the organization had endured a colossal misfortune, he said. Afterward, when the complainants visited Balwinder Kumar’s living arrangement in Haryana’s Kaithal area, he gave them five checks worth Rs 65 lakh however the checks were not engaged by the banks because of absence of adequate sum in the record of the charged, the representative said. He said the blamed people have swindled the complainants and others purposefully, intentionally and tenaciously with an earlier criminal expectation not to restore the cash got by them.