Shah Re Khass Traders expresses concern over a troubling scam emerged in Kashmir

GNS ONLINE NEWS PORTAL

SRINAGAR FEB 28:-The Shah Re Khass Traders and Chambers have expressed significant concern regarding a troubling scam that has emerged in Kashmir, revolving around misleading discounts that are being offered by certain businesses. This alarming trend has been particularly backed by some local Youtubers who, motivated by their own self-interests, are promoting these deceptive practices to the detriment of honest traders in the region Raqib Altaf Chief Spokesperson of traders alleged.

Raqib said that evidence has surfaced indicating that these individuals are marketing products under the guise of substantial discounts that are, in reality, unfounded. For instance, they may advertise a jacket for sale at a seemingly irresistible price of ₹500, while falsely claiming that the original price was ₹2500. Such price manipulation raises serious questions about the authenticity of these so-called discounts. It is simply not feasible for a legitimate business to mark down an item from ₹2500 to ₹500 without incurring significant losses, yet these traders are creating an illusion of massive savings to entice unsuspecting customers. This practice not only misleads consumers but also severely undermines the integrity of the local market.

In light of these unethical tactics, the Shah Re Khass Traders and Chambers would like to issue a heartfelt appeal to all residents of Kashmir Valley. Raqib  urge that to exercise caution and discretion when making purchases, particularly from those who employ such dubious marketing strategies. Instead, we encourage everyone to support the local shopkeepers, who uphold transparency and fairness in their pricing practices. By choosing to buy from these dedicated traders, you will be making a positive contribution to the local economy and helping to ensure that honest businesses can thrive he said and added.

Moreover, Shah RE Khas traders Spokesperson extend a sincere request to wholesalers and distributors operating in the region. We implore you to cease your business transactions with those traders who engage in these deceptive practices that are causing significant disruption and concern within the marketplace. By aligning with responsible vendors, you can help restore trust and integrity in the trading environment of our community. Let us come together as a collective force to protect our local economy from such fraudulent schemes and ensure a fair and equitable marketplace for all he added.