Srinagar, Aug. 24 -- The Economic Offences Wing (EOW) Kashmir of Crime Branch J&K has arrested a man from Bengaluru in connection with an alleged Rs 2 crore investment fraud, in which several people were reportedly duped after being promised monthly returns of 10 per cent.
The accused identified as Junaid ul Islam of Alamdar Colony, Charar-e-Sharief in Budgam, was arrested from Mangammanapalya in Bengaluru, officials said.
The arrest was carried out in compliance with a warrant issued by the Court of the 4th Additional Munsiff Judicial Magistrate, Srinagar.
Junaid was wanted in FIR registered at Police Station EOW Kashmir in 2025 under Section 420 RPC, and had allegedly been evading arrest for about a year.
EoW said a preliminary inquir...