Police Arrest Key Accused in Apex Bank Baramkela Financial Fraud Case
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A major financial scam involving crores of rupees has been uncovered in 17 cooperative committees linked to Apex Bank in Baramkela, Chhattisgarh. The scam was reportedly carried out by the former branch manager, DR Baghmare, along with a group of associates who worked in the same branch.
According to police reports, the scam was not committed by one person alone. The former manager was allegedly helped by others, including the accountant, a clerk named Ashish Patel, a computer operator named Ramakant Shrivas, Likesh Bairagi, a security guard named Arun Chandrakar, and another person named Balkrishna Karsh.
A case has been registered against all of them under various criminal sections related to fraud and corruption. These individuals are accused of misusing their official positions to siphon off large sums of money from the bank.
Key Arrests Made in the Case
After the scam came to light, the main accused – branch manager DR Baghmare – had gone missing. However, the police later traced his location to Raipur. A police team was immediately sent, and he was arrested and taken into custody. He has now been sent to jail.
Two other accused – Ashish Patel and Khirdas Mahant – have also been arrested and are now in judicial custody.
Ongoing Investigation
The police investigation is ongoing, and more details are expected to emerge as the authorities dig deeper into the case. The incident has shocked the local banking community and raised serious questions about internal checks and supervision in cooperative banks.
