Chief Secretary, Atal Dulloo, today chaired the 35th Union Territory Level Coordination Committee (UTLCC) meeting convened by Reserve Bank of India, Jammu.
The meeting was aimed to discuss issues related to unauthorised deposits, fraudulent activities of unregulated entities and sharing of market intelligence among the stakeholders.
The Chief Secretary took notice of the instances of defraud committed against the people of the UT. He stressed on taking strict action against these online scammers under the relevant provisions of BUDS Act.
Dulloo reiterated that commission of crime in itself is cognizable offence so the law enforcement agencies have primary responsibility to take impromptu action against such entities to safeguard people from falling prey to their traps. He enjoined upon the regulatory bodies to notify the rules so as to facilitate the law enforcement agencies in taking action. He also advised them including the RBI, SEBI and others to generate awareness among the people and circulate this knowledge through social media, WhatsApp and bulk messaging to people through banks operating in J&K.
The Chief Secretary enjoined upon the RBI authorities to empower the police officers in carrying out effective investigations in the cases of digital arrest or online scams. He asked them to train some master trainers who would go in districts to train about 5000 investigation officers in police department.
He maintained that this is the area of concern as the digital marketing and online transactions are becoming popular by each day making people vulnerable to defrauding on the hands of these criminals. He stressed on reaching out to students in colleges and villagers in blocks/panchayats for holding such outreach campaigns.