The Crime Branch of Jammu and Kashmir Police has apprehended five employees in connection with the HDFC bank fraud case. The arrests followed searches conducted in the Budgam and Shopian districts. The Economic Offences Wing of the Crime Branch Kashmir is conducting searches in connection with the case registered under relevant provisions of the law.
The matter came to light after a written complaint regarding large-scale financial fraud at the Branch Unit Shopian of HDFC Bank. The case was transferred to the Crime Branch J&K for a comprehensive investigation. Five bank employees have been arrested so far in connection with the case. The police identified the arrested employees and mentioned ongoing searches at multiple locations in Shopian and Budgam to collect material evidence.
The statement from the police highlighted that the Economic Offences Wing, Kashmir, will continue to pursue all lawful measures to safeguard financial integrity. In Jammu and Kashmir, security forces are engaged in anti-terrorist operations targeting terrorists, their overground workers, and sympathizers. Drug smugglers, peddlers, and individuals involved in financial frauds are also under scrutiny.
