Excelsior Correspondent
JAMMU, Mar 13: Crime Branch Jammu has registered a case against 4 fraudsters for cheating and fraud viz swindling of money to the tune of Rs 1.5 crores.
As per official spokesman, a written complaint was lodged by Mohammad Younis, son of Abdul Aziz of Namlabal Pampore, Asrar Ahmed, son of Ghulam Mohammad of Nowgam Srinagar, Ayaz Ahmed, son of Mushtaq Ahmed of District Poonch and Mushtaq Ahmed Dar, son of Mohammad Bashir of Rajal Nowshera, district Rajouri wherein they alleged that Bhavya Gold Company came to J&K in the month of October-2017 and launched a programme by conducting the seminars at different Hotels in J&K.
“The said company motivated the public to invest money and get bonus income after every 15 days and further told them to create network and will get more bonus income. As such the company collected Rs 2 crores approximately from J&K within three months via cash as well as bank transactions”, the spokesman said, adding that the complainants and others whoever invested the money got their bonus well in time at the initial stage, but thereafter their bonus was stopped.
When the complainants and investors contacted accused persons namely Balwinder Kumar, son of Deep Chand, Sushil Kumar, son of Kashmeeri Lal, Deepak and Sandeep Kumar, all residents of Haryana on phone, they initially replied that some software problem has erupted in their gadgets and later told that their company has suffered a huge loss.
“When the complainants visited Balvinder Kumar’s resident at Kaithal, Haryana, he gave them five cheques of different dates and different amounts of Rs 65 lakhs. When the cheques were presented in the concerned bank for withdrawal of money by the complainants there was insufficient amount in the account of these accused persons”, the spokesman said.
These accused persons have cheated the complainants and others intentionally, deliberately and willfully with the prior criminal intention, not to return money received by them, the spokesman informed.
On receipt of instant complaint, a preliminary verification was conducted by CBJ, during which it was established that the accused persons hatched a criminal conspiracy to cheat and extort money from the complainants and others and they have swindled an amount of Rs.1.5 crores approximately. Thus the commission of offences under sections 420, 120-B IPC against accused persons was substantiated, the official spokesman added.
In this connection, a formal FIR has been registered in Crime Branch Jammu and investigation initiated.
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