A case FIR number 10/2024, under section 409 IPC, has been registered at Police Station Pouni against accused namely Ishwinder Singh, Asst Manager, JK Bank Pouni for making fraudulent debits from various inactive/deceased accounts amounting to the tune of Rs 126.34 lacs.
The modus operandi of the accused officer involved discretely activating the dormant accounts and then illegally withdrawing deposited money. This practice was allegedly going on for the last three years and an amount of Rs 126.34 lakhs was illegally withdrawn by accused Asst Manager Ishwinder Singh, who is a resident of Pouni.
A dormant account is an account that has had no financial activity for a long period of time, except for the posting of interest. After the dormancy period, dormant accounts become the unclaimed property of the state.
The fraud came into notice of the bank after the accused withdrew amount from an already active account following which the account holder lodged a complaint.
Sensing the gravity of the offence 𝗦𝗦𝗣 𝗥𝗲𝗮𝘀𝗶 𝗠𝘀 𝗠𝗼𝗵𝗶𝘁𝗮 𝗦𝗵𝗮𝗿𝗺𝗮 𝗰𝗼𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗲𝗱 𝗮 𝘀𝗽𝗲𝗰𝗶𝗮𝗹 𝘁𝗲𝗮𝗺 𝗰𝗼𝗺𝗽𝗿𝗶𝘀𝗶𝗻𝗴 𝗜𝗻𝘀𝗽. 𝗣𝗮𝗿𝗺𝗼𝗱𝗵 𝗦𝗶𝗻𝗴𝗵 𝗦𝗛𝗢 𝗣/𝗦 𝗣𝗼𝘂𝗻𝗶 𝘂𝗻𝗱𝗲𝗿 𝘁𝗵𝗲 𝘀𝘂𝗽𝗲𝗿𝘃𝗶𝘀𝗶𝗼𝗻 𝗼𝗳 𝗗𝘆.𝗦𝗣 𝗛𝗾𝗿𝘀. 𝗥𝗲𝗮𝘀𝗶 𝗦𝗵. 𝗡𝗲𝗲𝗿𝗮𝗷 𝗣𝗮𝗱𝘆𝗮𝗿-𝗝𝗞𝗣𝗦.
Police team led by Dy.SP Hqrs. Reasi Sh. Neeraj Padyar-JKPS raided at various locations in Jammu. Finally today on a specific information accused namely Ishvinder Singh Ranyal S/O Mohinder Singh R/O Pouni A/P H. No. 60-A Sainik Colony Jammu got arrested.
Sharing the information SSP Reasi Ms Mohita Sharma IPS conveyed that the criminal who was evading the arrest from the last one month and who wrongfully gained the amount causing loss of public money of worth Rs 126.34 lakhs by way of cheating and falsification of accounts at JK Bank Branch Pouni arrested today.