KL NEWS NETWORK
SRINAGAR
Police averted a major fraud when it unearthed a fraudulent Telecom Company that was duping gullible people for investing in the company for providing WiFi network in the valley.
On a tip off, a police party of Police Station Karan Nagar headed by SHO Parvez Ahmad raided the office of a fraudulent Telecom company “India Telecom Services” at Karan Nagar, Srinagar. During the raid police found major irregularities in their operations. The company induced general public to invest in their company with an amount of Rs.1, 47000 each with a promise to repay the amount within 18 months with partnership in their profits.
The company officials claimed to provide wifi internet to remote villages of Kashmir valley. The company prima-facie failed to produce any legal document of their operations.
Subsequently, a case FIR no: 31/2015 under section 419,420/RPC was registered in Police Station Karan Nagar and investigation was taken up.
During the investigation, it was found that the fraudulent company officials had managed to get investments to the tune of more than 8 lakh rupees from different gullible people and had started create a network across the valley to draw off huge amount of money from the people across the valley. The timely action of police succeeded in averting in what could have been a major fraud of huge proportion. The office of the fraudulent telecom company has been sealed.
Karan Nagar police station has so far arrested six fraudsters identified as Parthoo Sarothi Mondal son of Shaib Prassad, M Sambil Alam son of Abdul Rashid, Rishav Prassad son of Rathan Prassad, Pushpandu Patra son of Pranab Patra, Nasir-ud-Din Malla son of Abdus Shakir all residents of West Bengal and Akeel Gowhar Parray son of Showkat Ali resident of Bemina Srinagar who were operating the company.
