Jammu Kashmir Crime Branch Arrests 5 Employees in HDFC Bank Fraud Case

Jammu Kashmir Crime Branch Arrests 5 Employees in HDFC Bank Fraud Case

SRINAGAR: The Economic Offences Wing (EOW) of Crime Branch Jammu Kashmir has arrested five employees of HDFC Bank in connection with a major financial fraud at the bank’s Shopian branch.

Acting on FIR No. 30/2025, registered under provisions of the Bharatiya Nyaya Sanhita and the IT Act at Police Station EOW Kashmir, the EOW is conducting searches across Shopian and Budgam districts to gather material evidence.

The case came to light following a written complaint regarding large-scale embezzlement at the Shopian branch. In line with directives from PHQ JK, the case was transferred from Police Station Shopian to the Crime Branch for a thorough investigation.

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The arrested employees are Adil Ayoub Ganai of Memendar, Shopian; Irfan Majeed Zargar of Bonigam, Shopian; Mubashir Hussain Sheikh of Karena, Kulgam; Zaid Manzoor of Dagerpora, Khannabal, Anantnag; and Javaid Ahmad Bhat of Rajpora, Pulwama.

Officials said the EOW will continue all lawful measures to protect financial integrity in the Union Territory.