Srinagar, Oct 22 (GNS): The Special Crime Wing, Crime Branch Kashmir, has filed a chargesheet against Abhisek Prajapat, the then Branch Manager of J&K Grameen Bank, Lalpora, Kupwara, in a fraud and misappropriation case.
In a handout to GNS that, CBK said that the chargesheet was filed before the Court of Judicial Magistrate 1st Class, Sogam, Lolab, District Kupwara, in a case involving allegations of cheating, criminal breach of trust, and misappropriation of bank and customer funds during his tenure at Lalpora, Kanthpora 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. 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.
During 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 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 investigation, accused Abhisek Prajapat was dismissed from the services of J&K Grameen Bank on 13 February 2025 following departmental proceedings.
The chargesheet has been filed 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, has urged the general public to remain vigilant against financial fraud and report any such instances to the concerned authorities.(GNS)
