India, Aug. 13 -- The Economic Offences Wing formerly Crime Branch Kashmir today conducted searches at multiple locations in Srinagar district in connection with an ongoing investigation into a high-profile investment fraud case.

The action was carried after an FIR was registered this year under Sections 420, 467, 468, 471, and 120-B of the IPC at Police Station EOW-S (Crime Branch Kashmir).

The case was initiated after the Crime Branch received an online complaint alleging that two individuals identified as Majid Nazir Najar, of Batamaloo, and Mubarak Ahmad Rather, of Gulshan Nagar, Gulposh Colony who had duped the complainant by promising high returns on investments.

The accused allegedly claimed to be authorized representatives of v...