The case, filed under FIR No 104/ 2024, was registered at police station Zainapora
Police in south Kashmir’s Shopian district on Tuesday registered an FIR in connection with a bank fraud.
The case, filed under FIR No 104/ 2024, was registered at police station Zainapora.
The case involved a series of fraudulent withdrawals from the Turkwangam branch of Jammu and Kashmir Bank.
The case first came to light in August when Zarifa, a resident, discovered that her deceased father’s account had been siphoned off with around Rs 5 lakh. Soon after, several other consumers reported their savings accounts being drained, sparking widespread concern.
The cash was withdrawn from those consumers’ accounts which had either not conducted any transaction over the last few years or were not using e-services.
Around Rs 60 to Rs 90 lakh had been withdrawn fraudulently from the accounts of various consumers. However, the exact withdrawn amount was not known. As the case surfaced, a bank official was placed under suspension and an investigation was initiated.
