Srinagar, Oct 22 (JKNS): 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 an alleged fraud and misappropriation case involving customer funds and official bank accounts, officials said.
As per news agency JKNS, Special Crime Wing, Crime Branch Kashmir, Files Chargesheet Against Abhisek Prajapat, Then Branch Manager of J&K Grameen Bank, Lalpora, Kupwara, in Fraud and Misappropriation Case
The Special Crime Wing, Crime Branch Kashmir, has filed a chargesheet before the Hon’ble Court of Judicial Magistrate 1st Class, Sogam, Lolab, District Kupwara, against Abhisek Prajapat, the then Branch Manager of J&K Grameen Bank, Lalpora, in a case involving allegations of cheating, criminal breach of trust, and misappropriation of bank and customer funds during his tenure at the bank’s Lalpora, Kanthipora, Kupwara branches.
The case originated from a complaint lodged by the Regional Manager, J&K Grameen Bank, Regional Office, Kupwara, which was forwarded by the Anti-Corruption Bureau (ACB), J&K, to Crime Headquarters for necessary action.
Following preliminary verification by the Economic Offences Wing, Crime Branch Kashmir, FIR No. 09/2026 was registered at Police Station Special Crime Wing, Crime Branch Kashmir, on 13 May 2026, and an investigation was initiated in accordance with the law.
During the investigation, it was revealed that the accused had transferred Rs 1.19 lakh from various customer accounts into his personal bank account under the pretext of loan documentation, file charges, and other related expenses.
The investigation further revealed the alleged diversion of Rs 25,850 from official bank expenditure accounts, while an additional Rs 24,100 was shown as unwarranted expenditure, resulting in a reported aggregate loss of Rs 49,950 to the bank.
Following complaint and subsequent investigations by the crime branch J&K, accused Abhisek Prajapat, the then Branch Manager of J&K Grameen Bank, Lalpora, was dismissed from the services of J&K Grameen Bank on 13 February 2025 following departmental proceedings.
Today the chargesheet was filed against Abhisek Prajapat under Sections 409 and 420 of the Indian Penal Code (IPC), pertaining to criminal breach of trust and cheating, respectively, read with Section 193 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), before the competent court for judicial determination.
The Crime Branch, Jammu and Kashmir, urges the general public to remain vigilant against financial fraud and report any such instances to the concerned authorities for necessary legal action. (JKNS)