In a recent operation, the Economic Offences Wing of Crime Branch Kashmir conducted searches at multiple locations in Srinagar. These searches were part of an ongoing investigation into a fraud case (FIR No. 11/2025 under sections 420, 467, 468, 471, and 120-B of the Indian Penal Code).
According to an official spokesperson, the case began with an online complaint from an individual who claimed to have been cheated by two men: Majid Nazir Najar and Mubarak Ahmad Rather. The accused allegedly presented themselves as agents for various financial institutions, including Adarsh Cooperative Society, SBI Life Insurance, and HDFC Insurance, and promised high returns on investments.
The victim was given deposit certificates, which were later found to be fake and forged. As a result, a case was registered, and both individuals have since been taken into custody for further investigation. The current house searches are a part of this ongoing effort to gather more evidence.
