Overview
- The Economic Offences Wing said it filed a chargesheet against four people in a Rs 15 lakh cheating case that accused them of taking a security deposit for cooking oil they never supplied.
- The Rs 15 lakh case was lodged under IPC Sections 420 and 120-B before the Chief Judicial Magistrate in Srinagar and investigators found no company registered as M/s Assured Agro Food Industries.
- In a separate case the EOW filed a chargesheet against two people in Jammu for allegedly defrauding the State Bank of India of Rs 7.2 lakh by using forged revenue documents and diverting the NEFT loan payment to a dealer account.
- Investigators relied on company registry checks, documentary and financial records and witness statements to complete both probes, which have now been submitted to the respective courts with no convictions reported yet.
- Police urged the public to stay vigilant, gave complaint channels to report similar offences, and highlighted risks to individual investors and banks when sham entities or forged papers are used to divert funds.