Excelsior Correspondent
LEH, Mar 3: Hundreds of innocent Ladakhis were duped by online fraud emollient coin while the administration has constituted an inquiry committee to submit a report in this regard for initiation of criminal procedure against the accused.
As per a list prepared by the duped investors, 1284 people reportedly invested approximately Rs 70 crores in the online crypto-currencies with a hope to get double amount within three months times.
People from all walks of life, including ex-servicemen, pensioner, shopkeepers, students and monks are learnt to have invested in the online emollient coin. Some of the victims had invested heavily in the online emollient coins. One such investor Punchok Dorjay, resident of Choglamsar, claimed to have invested Rs 56 lakhs while one Tsering Palgais of Kharnakling has reportedly invested Rs 26 lakhs.
A monk Konchok Tsepal told media that one local agent introduced the online scheme in Ladakh and thereafter number of Ladakhis had invested in it. Some had even taken loan from the bank to invest in it, he added and said that many had sold their commercial vehicles while many had sold their properties including land with a hope to get double amount.
The said accused had even issued cheques to allure the people saying that in case the business fails, they could withdraw their amount from the bank. However, all cheques got bounced. Another investor Konchok claimed that some people even committed suicide after loss of their whole earning in the online fraud. He added that said accused had opened his office in 2017 and now he is absconding.
Tsering Paldan from Skurbuchan village said that he had invested Rs three lakhs with the hope to get double amount in three months but now the said accused reportedly fled to Singapore. Jigmet Sonam from Korzok village said that his wife has invested Rs 30,500 with a hope to get double amount within three months time and their neighbour had invested lakhs of rupees.
Deputy Commissioner Sachin Kumar Vaishya, when contacted, said that an inquiry committee headed by Additional District Magistrate Dr Zahida Bano has been formed to submit the report within three days time and based on the inquiry criminal procedure will start followed by FIR against the said accused. He added that accused was absconding and it was lack of vigilance from the administration as well as lack of awareness among public about such online fraud.
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