Diplomat Correspondent
Srinagar, (DD): The Economic Offences Wing (Crime Branch Kashmir) today carried out searches at multiple locations in District Srinagar in connection with FIR No. 11/2025 under Sections 420, 467, 468, 471, and 120-B IPC of Police Station EOW-S (Crime Branch Kashmir).
The case originated from an online complaint alleging that two individuals — Majid Nazir Najar, son of Nazir Ahmad Najar, resident of Batamaloo near Mehboob Public School, and Mubarak Ahmad Rather, son of Nissar Ahmad Rather, resident of Gulshan Nagar, Gulposh Colony — had cheated the complainant by promising high returns on investments in Adarsh Cooperative Society, SBI Life Insurance, and HDFC Insurance. The accused allegedly provided deposit certificates, which, upon investigation, were found to be fake and forged.
The duo had projected themselves as authorised representatives of reputed financial institutions and lured the complainant to invest in various deposit schemes.
Following registration of the case, evidence confirmed their involvement. Both accused have already been taken into custody for further investigation.
Today’s searches targeted multiple premises linked to the arrested individuals as part of the ongoing probe(DD)
