Many youth misled by promises of policies, returns: SSP Poswal
Raja Syed Rather
Ganderbal, Oct 11: In a first criminal case linked to the controversial Robust Secure Network (RSN) platform registered with the Crime Branch, authorities in Ganderbal on Saturday said to have launched a massive crackdown with approximately 4,500 accounts under investigation for suspected financial irregularities.
A series of raids were conducted by the Enforcement Directorate (ED) over the past few days, Senior Superintendent of Police (SSP) Ganderbal, Khalil Poswal told the news agency—Kashmir News Observer (KNO).
Each of these account holders will receive formal notices at their residences, requiring them to respond to allegations, he said, adding that the Income Tax Department is also expected to initiate parallel inquiries, with high-value transactions from these accounts being closely monitored.
Authorities here have urged the public to exercise extreme caution and not to share personal or financial information with anyone.
“Many young individuals are approaching elderly family members under false pretenses, collecting documents and claiming to be opening insurance policies. These are fraudulent activities—no such policies exist,” the senior police official stated.
Meanwhile, in a significant development, another FIR was registered just three days ago.
“Investigations have revealed the involvement of a key suspect who had earlier organized the marriage of a person named Kangan and was allegedly recruiting young people into the gang,” he said, adding that strict action will be taken against him.
The families have been appealed to monitor their children’s activities more closely.
“Parents must stay vigilant. Many youths are being misled into handing over money at home under the guise of ‘investing.’ These under-the-table or hidden investments are not just illegal, they are dangerous,” the SSP Ganderbal added. “Such cases often end in tragedy, including suicides, by which point it’s often too late for law enforcement to intervene effectively.”
The public has been advised to avoid using RSN or any similar gaming or investment platforms suspected of illegal activity.
Authorities have issued a stern warning in case the situation continues to spiral and said that preventive detention under the Public Safety Act (PSA) may be enforced.
Senior Superintendent of Police (SSP) Ganderbal warned people about the RSN fraud case now under investigation.
He said over 4,500 bank accounts are being checked by the Crime Branch and ED and notices will go to people’s homes. “Don’t share personal documents or fall for fake investment promises,” he advised.
He added that many youths have been misled by people promising policies or returns. “Families should keep an eye on what their children are doing,” he said. (KNO)
