The Economic Offences Wing (EOW) Kashmir of the Crime Branch has filed a chargesheet against four accused in connection with a multi-crore scam involving alleged fraud in Kashmiri shawls worth Rs 2.5 crore. According to an official statement, the chargesheet in FIR No. 55/2022 under Sections 420 (cheating), 120-B (criminal conspiracy) and 201 (causing the disappearance of evidence) of the Ranbir Penal Code (RPC) was filed before the Court of the Sub-Judge (Small Causes), Srinagar.
The four accused have been identified as — Firdous Ahmad Mir of Abikarpora, Rainawari, presently residing at Madina Colony, Mallabagh; Arshid Ahmad Shora alias Bilal of Pakhribal, Botakadal, Lalbazar; Firdous Ahmad Bhat of Amda Kadal, Lalbazar; and Aftab Ahmad Shah of Khawabazar, Nowhatta.
The case came to light after a complaint alleged that the accused persons, led by Arshid Ahmad Shora alias Bilal, induced the complainant to supply shawls worth more than Rs 2.5 crore on the promise of lucrative returns.
After receiving the consignments, the four accused failed to make the promised payments to the suppliers.
During the investigation, the EOW recovered 338 shawls valued at around Rs 68 lakh, which were handed over to the complainant under court directions.
Following the completion of the investigation, the crime branch has filed the chargesheet before the trial court.
The Crime Branch Kashmir has urged the public to remain vigilant against economic fraud and to report any suspicious activities to the Senior Superintendent of Police, EOW Kashmir.
Victims of the fraud have been advised to approach the EOW and lodge their complaints if they were similarly duped in the multi-crore scam, the statement added.
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