Money withdrawn by changing nominee in bank, Case filed against HDFC Bank manager

A case of bank fraud has come to light in Mahoba, Uttar Pradesh. As per reports, money has allegedly been withdrawn from a deceased person’s bank account by changing the nominee. Acting on the orders of the court, Kotwali police have registered a case against five people, including the then branch manager of HDFC Bank, and have started an investigation.

A bank nominee is a person officially appointed by the account holder to receive the money in the bank account (savings account, fixed deposit, locker, etc.) in case of the account holder’s death.

The complaint was filed by Shailesh Kumar Khare, a resident of Agra. He stated that his maternal uncle, Chandrabhan Khare, who lived near Narsinghkuti temple in Mahoba city, was unmarried and had made Shailesh his nominee in the bank account. Chandrabhan passed away on 14 June 2023 in Gwalior.

After his death, it was alleged that some of Chandrabhan’s cousins conspired to change the nominee in the bank records and withdrew the money. When Shailesh came to know about this, he filed a complaint at the city police station on 6 February 2025. Initially, no action was taken by Police, then he approached the Superintendent of Police on 10 February. Even then, no progress was made, forcing him to move to court.

On the directions of the CJM Court, a case has now been registered against the then branch manager of HDFC Bank, Abhishek Sharma, along with the deceased’s cousin Santosh Kumar Khare and his three sons — Amit Kumar, Rohit Kumar, and Ankit Kumar.

The police have started their investigation, and more details will be released soon.