The Economic Offenses Wing (Crime Branch Kashmir) today (13.08.2025-Budhwar) discovered at several places in the district Srinagar, in which the case regarding Section 420, 467, 468, 471, 120-B IPC of P/S (Crime Branch Kashmir) regarding FIR No. 11/2025.
The brief fact of the case is that Crime Branch Kashmir received an online complaint, alleging that the complainant was cheated by two fraudsters, named Majid Nazir Nazar S/O Nazir Ahmed Nazar R/O Baltamlu. Adarsh Coperation Society, SBI Life Insurance and HDFC Insurance Companies promised high returns on investment and granted deposit certificates to the complainant. However, during the investigation, the certificates were found fake and fake.
The accused individuals introduced themselves as authorized representatives and agents working with various financial institutions and lured the complainant to invest in various deposit schemes.
A case was registered under the relevant sections of the law, and during investigation, evidence confirmed the participation of both the accused. Both persons were already taken into custody for further investigation.
The search for the house is currently being seen as part of the ongoing investigation in several places associated with the accused persons arrested in this case.