Crime Branch Kashmir Files Chargesheet Against Former J&K Grameen Bank Manager in Fraud Case
Srinagar, October 22: The Special Crime Wing of Crime Branch Kashmir has filed a chargesheet against Abhisek Prajapat, the then Branch Manager of J&K Grameen Bank, Lalpora, Kupwara, in a case involving allegations of cheating, criminal breach of trust and misappropriation of bank and customer funds.
According to an official statement issued by the Crime Branch, the chargesheet was filed before the Court of Judicial Magistrate 1st Class, Sogam, Lolab, District Kupwara.
The case originated from a complaint lodged by the Regional Manager of J&K Grameen Bank, Regional Office Kupwara, which was subsequently forwarded by the Anti-Corruption Bureau (ACB), Jammu and Kashmir, to Crime Headquarters for necessary action. Following preliminary verification, FIR No. 09/2026 was registered at Police Station Special Crime Wing, Crime Branch Kashmir, on May 13, 2026.
During the investigation, officials found that the accused had allegedly transferred ₹1.19 lakh from various customer accounts to his personal bank account under the pretext of loan documentation, file charges and other related expenses.
The investigation further revealed the alleged diversion of ₹25,850 from official bank expenditure accounts, while an additional ₹24,100 was shown as unwarranted expenditure. The total reported loss to the bank was assessed at ₹49,950.
The official statement further said that Prajapat was dismissed from the services of J&K Grameen Bank on February 13, 2025, following departmental proceedings.
The chargesheet has been filed under Sections 409 and 420 of the Indian Penal Code (IPC), relating to criminal breach of trust and cheating, respectively, read with Section 193 of the Bharatiya Nagarik Suraksha Sanhita (BNSS). The matter is now before the competent court for judicial determination.
The Crime Branch, Jammu and Kashmir, has urged the public to remain vigilant against financial fraud and report suspicious activities to the concerned authorities.
