Srinagar, Feb. 16 -- The Jammu and Kashmir Police on Monday said that it has cracked a transnational multi-crore online investment scam operating through phishing links and fake trading platforms, arresting nine accused, including the alleged kingpin.
The case was registered at Police Station Ganderbal following a complaint by Firdous Ahmad Mir of Safapora alleging identity theft and online fraud. Acting on the FIR, Senior Superintendent of Police Ganderbal, Khalil Ahmad Poswal, constituted a Special Investigation Team (SIT) to probe the racket.
Police said investigations revealed that fraudsters lured victims through fake investment websites promoted on social media and search engines, promising high returns through cryptocurrency tradin...