Booked for 80,00,000 Bank Fraud - Joginder Singh - Former Manager @ SBI Bank Gangoli village @ Jind District Haryana[edit | edit source]
A bank manager from the State Bank of India (SBI) has been booked by the police for embezzling Rs 80 lakh through the issuance of loans based on forged documents. The manager, Joginder Singh, along with an accomplice, conducted fraudulent activities during his tenure at the SBI branch in Gangoli village, Jind district, Haryana, between 2020 and 2021.
Following the discovery of the fraud, higher officials promptly suspended Joginder Singh. However, despite repeated requests, the Pillu Khera police had not yet registered an FIR. To address this issue, Ajay Ranga, the current SBI branch manager in Gangauli village, approached the Jind superintendent of police (SP).
The accused individuals carried out their deceitful acts by creating counterfeit documents, such as voter cards, and altering Aadhaar cards, PAN cards, and other identity cards. Additionally, they opened 50 fake savings bank accounts at the branch to carry out fraudulent transactions and misappropriate public funds.
Subsequently, the accused individuals proceeded to fraudulently issue loans under the guise of Pashudhan credit cards. Once the matter was brought to the attention of higher authorities, an internal investigation was initiated, along with a forensic examination conducted by a team of experts from the bank.
Following the confirmation of the forgery by the investigative teams, the higher officials promptly suspended the accused manager. The investigation revealed that the manager, along with an accomplice named Dinesh Kumar from Karira village in Mahendergarh district, used the identities of local individuals to create coloured copies that were presented as authentic while processing loans or opening accounts.
After obtaining approval for the loans through the issuance of counterfeit sanctions, the accused proceeded to withdraw funds from the bank accounts they had created through ATMs and other means. The seriousness of the offences committed calls for strong action against the accused, as stated in the FIR. Consequently, the police filed an FIR under sections 420, 467, 468, and 471 against both individuals and initiated a thorough investigation.
As of now, no arrests have been made in connection with the case.