J&K Bank assistant manager arrested for fraudulent debits worth Rs 126.34 lakhs
J&K Bank assistant manager arrested for fraudulent debits worth Rs 126.34 lakhs

REASI — A Jammu and Kashmir Bank assistant manager has been apprehended for allegedly orchestrating fraudulent debits amounting to Rs 126.34 lakhs, according to a senior police officer quoted by a local news agency.

The accused, identified as Ishwinder Singh, an Assistant Manager at J&K Bank Pouni, faces charges under section 409 IPC. The case, registered under FIR number 10/2024 at Police Station Pouni, accuses Singh of making unauthorized withdrawals from inactive and deceased accounts over the past three years.

ALSO READ
Sopore Gunfight: Injured Army soldier succumbs

Authorities claim Singh’s modus operandi involved surreptitiously activating dormant accounts and unlawfully siphoning off deposited funds. The fraudulent activity came to light when Singh allegedly withdrew funds from an already active account, prompting the account holder to file a complaint.

Following a month-long evasion, a police team led by Dy. SP Headquarters Reasi, Neeraj Padyar (JKPS), conducted raids across various locations in Jammu, ultimately leading to Singh’s arrest. Mohita Sharma, SSP Reasi, confirmed the arrest, highlighting Singh’s alleged wrongful gain at the expense of public funds.

Follow Us

The Kashmir Pulse is now on Google News. Subscribe our Telegram channel and Follow our WhatsApp channel for timely news updates!

LEAVE A REPLY

Please enter your comment!
Please enter your name here