Rs 209 Crore Online Investment Scam Unearthed in J&K

February 17, 2026 | BK News Service

Srinagar, Feb 16: Jammu and Kashmir Police uncovered a transnational online investment scam worth over Rs 209 crore, arresting nine accused, including MBBS graduate Ekant Yogdutt alias Dr Morphine from Haryana.

The scam involved phishing and fake coin trading platforms that lured investors nationwide. Funds were laundered through multiple bank accounts across J&K and abroad. The investigation has verified transactions in 290 accounts so far, with the total likely exceeding Rs 400 crore. Authorities have warned the public against fake investment platforms and renting bank accounts.

BREAKING NEWS

VIDEO

Twitter

Tweets by brighterkashmir

Facebook

Rs 209 Crore Online Investment Scam Unearthed in J&K

February 17, 2026 | BK News Service

Address: R.C 2 Quarters Press Enclave Near Pratap Park, Srinagar 190001.
Phone: 0194-2451076 , +91-941-940-0056 , +91-962-292-4716
Email: brighterkmr@gmail.com

Owner, Printer, Publisher, Editor: Farooq Ahmad Wani
Legal Advisor: M.J. Hubi
Printed at: Sangermal offset Printing Press Rangreth ( Budgam)
Published from: Gulshanabad Chraresharief Budgam
RNI No.: JKENG/2010/33802
Office No’s: 0194-2451076
Mobile No’s 9419400056, 9622924716 ,7006086442
Postal Regd No: SK/135/2010-2019
POST BOX NO: 1001
Administrative Office: R.C 2 Quarters Press Enclave Near Pratap Park ( Srinagar -190001)

Address: Abi-guzar Lalchowk Srinagar 190001.
Phone: 0194-2451076 , +91-941-940-0056 , +91-962-292-4716
Email: brighterkmr@gmail.com

Owner, Printer, Publisher, Editor: Farooq Ahmad Wani
Legal Advisor: M.J. Hubi
Printed at: Abid Enterprizes, Zainkote Srinagar
Published from: Gulshanabad Chraresharief Budgam
RNI No.: JKENG/2010/33802
Office No’s: 0194-2451076, 9622924716 , 9419400056
Postal Regd No: SK/135/2010-2019
Administrative Office: Abi Guzer Srinagar