SRINAGAR: Scammers involved in the money-doubling fraud won’t be spared unpunished, said Divisional Commissioner Kashmir, Vijay Kumar Bidhuri.
Addressing the media in Srinagar, he stated that both the police and security agencies have actively acknowledged the issue and are currently under investigation.
Highlighting the alarming prevalence of online frauds, Bidhuri expressed surprise at how individuals had fallen prey to scammers.
He emphasised the necessity for people to exercise caution in their dealings, urging them to verify details first before entering into transactions. The Divisional Commissioner underlined the shift in dynamics from physical office visits, where chances of deception were fewer, to the present era where online fraud poses a significant threat.
Assuring that those responsible for defrauding individuals will be held accountable, Bidhuri affirmed that they “won’t go unpunished,” and emphasised the commitment to ensuring that the law takes its course in addressing the issue.
Pertinently, a multi-crore scam surfaced in the Kashmir Valley on Tuesday after scores of investors alleged that they were duped of their hard-earned money by a private investment firm.
