Srinagar, Aug. 8 -- In a statement, the CBK said that the case originated from a complaint, wherein it was alleged that one Shahnawaz Ahmad Shah, S/o Gh. Nabi Shah, R/o Rather Mohalla Kangan working as Probationary Officer, J&K Bank, Branch Kangan, approached him with a fraudulent investment proposal. The complainant was lured into investing in a financial scheme promising lucrative returns through online trading.

Following the registration of the case, the matter was transferred to the Crime Branch Kashmir for in-depth investigation.

During the course of investigation, it came to light that the accused individuals are as Shahnawaz Ahmad Shah, S/o Gh. Nabi Shah, Gh. Nabi Shah, S/o Late Gh. Mohammad Shah,Rumaisa Jan, D/o Gh. Nabi Shah, a...