Srinagar, Dec 6: The Crime Branch Kashmir (CBK) has filed a chargesheet against a chronic offender involved in a high-value Dubai export scam, officials said on Saturday. The case pertains to fraudulent export transactions that caused significant financial losses to traders and stakeholders.
According to investigators, the accused had repeatedly engaged in fraudulent practices, exploiting export channels to siphon funds under the guise of legitimate trade. The CBK stated that the chargesheet was filed before the competent court after months of detailed investigation and collection of evidence.
Officials revealed that the accused had a history of similar offences and was already facing multiple cases of financial fraud. The latest scam involved high-value consignments purportedly sent to Dubai, which were later found to be manipulated through forged documents and misrepresentation.
The CBK emphasized that the chargesheet marks a significant step in holding habitual offenders accountable and protecting the integrity of trade and commerce in Jammu and Kashmir. Authorities added that further proceedings will be pursued to ensure justice and recovery of losses.
The agency reiterated its commitment to cracking down on financial crimes and warned that individuals attempting to exploit export-import channels for unlawful gains will face strict legal action.
