In a major crackdown on cyber and economic fraud, the Crime Branch Kashmir (CBK) has unearthed an online supply scam worth ₹46.90 lakh and booked a Pune-based individual accused of duping a local businessman.
According to the Economic Offences Wing (EOW) of CBK, the complainant alleged that a man from Pune, claiming to be the proprietor of D.K. Enterprises, contacted him with a lucrative offer to supply “Sifine Natural Nut.” Believing the deal to be genuine, the complainant paid an advance of ₹46.90 lakh. However, after receiving the payment, the accused failed to deliver the consignment or refund the amount.
Following the written complaint, a preliminary inquiry was launched. Investigations revealed that the accused deceitfully posed as a legitimate supplier, misrepresented his business credentials, and induced the victim to transfer the funds under false pretenses.
Officials said the probe established a prima facie case of cheating and fraud, leading to the registration of a formal FIR at the Police Station, Economic Offences Wing, Srinagar. The offences are punishable under Section 420 of the Indian Penal Code and Section 66(D) of the Information Technology Act, which pertain to cheating through online or electronic means.
A senior CBK officer confirmed that further investigation is underway to trace the money trail and identify possible accomplices. “We are committed to cracking down on online and financial frauds targeting local traders,” the officer said.
The case highlights growing concerns over cyber-enabled scams in the valley, with authorities urging citizens to verify business entities before transferring large sums online.
