Connect with us

News

A cryptocurrency ‘fraud’ in Kashmir

Avatar

Published

🕒

on

IST

Srinagar, Dec 22: Crime Branch Kashmir Saturday registered a case against a private company, GAINBITCOIN, for inducing people to invest their cryptocurrency-Bitcoins in their company to fraudulently grab their hard earned money.

In a press release issued here, CB spokesperson said that the department received a complaint from aggrieved persons, stating that they had purchased BITCOIN worth lakhs of rupees and subsequently one representative of a company viz” GAINBITCOIN” approached them and invited to invest their Bitcoins in the said company and the company will repay 180% in lieu of the Bitcoins they invest.

Likewise, the aggrieved persons invested their earned BITCOINS in the paid GAINBITCOIN company and the company promised them to pay 180% in 18 months, in a way 10% of the promised amount per month. But the company failed to repay what they had promised. Consequent upon a preliminary verification was initiated at Crime Branch Kashmir.

 

During the course of an enquiry, it came to fore that complainants had purchased bitcoins from ZEBPAY by investing their hard earned money. Thereafter on Manjeet Singh Saho representative of GAINBITCOIN induced them to invest their Bitcoins in the said company with the assurance that the company will return 1.8 Bitcoins in lieu of one Bitcoin in a period of 18 months.

Subsequently, the complainants opened E-Account one Wallet (Mobile App) as advised by the company for crediting assured amount in the said accounts. The respective accounts of the complainants were credited by the amount as assured by the company with the condition that the amount cannot be withdrawn for a period of six months.

After the expiry of 06 months when the time of withdrawal commenced, the said company crashed these Wallet Accounts and also crushed those websites, thereby cheated the complainants and duped them of their hard earned money.

The company GAINBITCOIN was found affiliated and working on the platform of VARIABLETECH PTE. Ltd. owned by Amit Bardawaj, Ajay Bardawaj and Mukesh Chandra.

They hatched criminal conspiracy with Manjeet Singh Saho to induce the people to invest their Bitcoins in their company and then fraudulently and dishonestly grabbed their hard earned money. Accordingly, for their criminal acts the said offenders have been booked under relevant sections of the law, at P/S CBK.


Advertisement
Loading...
Comments

News

After Noori, Kashmir scientists planning to clone Hangul

Firdous Hassan

Published

on

Srinagar, Apr 25: After successfully cloning Pashmina goat in 2012, the Faculty of Veterinary Sciences and Animal Husbandry at SKUAST-K is now contemplating to make clone of Kashmir Stag (Hangul).

Realising that the Hangul was gradually getting extinct from the valley, the scientists at Department of Biotechnology SKUAST-K Shuhama came up with this idea.

“This project is in infancy as we require permission from Wild Life department, local government and Committee for the Purpose of Control and Supervision of Experiments on Animals (CPCSEA),” said Dr Riyaz Ahmad Shah, a veterinarian in the animal biotechnology center of SKUAST.

 

Shah said the execution of the project would require heavy funding and creation of the advanced infrastructure in the research centre.

“First of all a Deer park in needed where there these animals must have been already reared. Then advanced infrastructure is need as we currently have some basic machinery here. So overall this project can be only executed when the government is serious in accomplishing it,” he said.

He said the cloning could be achieved by using the body cells of some other inter-species including a goat or a sheep.

While the initial work including the framing of paper has been done, Shah said the tracing and catching this rare animal was becoming equally challenging for the concerned department.

“They usually die on being caught by the people. Still it could be managed but they are not being currently traced in abundance in the forests here,” he said.

 Shah believed that cloning of the deer can be an equally effective process like breeding procedure done to improve their population.

Official data reveals that population of Hangul has reduced to from 5,000 to 182 in last 118 years.

Department of Wildlife’s data shows the population of Kashmiri Hangul in 1900 was 5,000, spread over 65 miles from north to east of the Jhelum and lower Chenab valley.

The International Union for Conservation of Nature (IUCN) is also all set to declare it a ‘critically endangered’ species to protect this beautiful animal from disappearing from earth.

In 2012, scientists at Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST) successfully cloned the first Pashmina goat. The healthy female goat was born using a foster mother and it took two years for standardisation of the technique.

Continue Reading

News

Assembly polls in JK: EC to convene meeting today

Agencies

Published

on

New Delhi, Apr 25: Election Commission of India (ECI) officials will meet on Friday to discuss assembly elections in Jammu and Kashmir.

Officials of the Jammu and Kashmir government are also expected to attend the meeting to assess whether the state assembly elections can be conducted in June this year.

While announcing the seven-phase Lok Sabha election schedule on March 10, Chief Election Commissioner Sunil Arora had said that elections for the Jammu and Kashmir assembly would not be conducted along with the Lok Sabha elections. In June 2018, the Bharatiya Janata Party (BJP) had withdrawn support to the PDP, led by Mehbooba Mufti in the 87-member state assembly.

 

Since the fallout of the coalition government, the state has been under President’s rule.

Continue Reading

News

IT Dept searches premises of kin of ex-minister

Press Trust of India

Published

on

Srinagar, Apr 25: The Income Tax Department Thursday carried out searches at two premises of a kin of Imran Reza Ansari, a former minister in the PDP-BJP coalition, for alleged tax evasion, officials said here.

They said the income tax officials, assisted by the Jammu and Kashmir police and the CRPF, carried out the searches at a business complex in the upmarket Karan Nagar where locations of North Point Complex were searched by the tax personnel.

Later, a team was sent to search another premises of the family at Alamgiri Bazar in the downtown Srinagar.

 

The income tax officials maintained that Thursday’s raids were carried out on a business family and were in no way connected to Ansari, a politician who switched over to People’s Conference led by Sajad Lone.

Ansari’s sister is married to the family whose premises have been raided.

Continue Reading

Latest News

Subscribe to The Kashmir Monitor via Email

Enter your email address to subscribe to The Kashmir Monitor and receive notifications of new stories by email.

Join 966,123 other subscribers

Archives

April 2019
M T W T F S S
« Mar    
1234567
891011121314
15161718192021
22232425262728
2930  
Advertisement