In a shocking case of financial fraud, the former branch manager of Vijayipur Central Co-operative Bank, Chaudhary Sanjay Kumar, along with two of his assistants, Sanjay Yadav and Mukesh Kumar Singh, has been accused of embezzling ₹22,17,150 from six customer accounts. This fraudulent activity came to light after a detailed audit and investigation.
How the Fraud Happened
The accused allegedly used Kisan Credit and Loan booklets to withdraw money from the accounts without the customers’ knowledge. This was done by creating fake documents to make the withdrawals look legitimate. By manipulating these records, they managed to siphon off a large sum of money over time.
FIR Filed and Arrest Preparations Underway
When the fraud was discovered, the current branch manager, Raju Prasad, took immediate action and lodged a First Information Report (FIR) against Chaudhary Sanjay Kumar and his two assistants. They have been charged with forgery, fraud, embezzlement, and creating false documents. All three accused employees have been suspended from their jobs, and preparations for their arrest are underway.
Customer Outrage and Investigation Progress
The news of the embezzlement has sparked anger and concern among bank customers, many of whom are shocked that their hard-earned money was mishandled by trusted bank employees. Following the FIR, SHO (Station House Officer) Suraj Kumar Sharma has initiated an in-depth investigation to uncover further details of the fraud.
Money Distribution and More Suspicious Activity
During the investigation, it was revealed that the stolen money had been divided among the accused employees. Authorities are now looking into whether other staff members were also involved in the fraudulent activities. As the inquiry deepens, more action could be taken against other employees if evidence of their involvement surfaces.
Impact on the Community and Next Steps
This incident has shaken public confidence in the bank, as customers are now worried about the safety of their deposits. The authorities are working to resolve the case quickly and bring the culprits to justice. Measures are also being taken to strengthen the bank’s security systems and prevent such incidents in the future.
Conclusion
This case serves as a reminder of the importance of strict oversight and transparent banking practices. As the investigation continues, affected customers and the wider community are hoping for swift justice and a restoration of trust in the banking system.
