J-K: Chargesheet against 11 in HDFC Bank fraud case in Shopian

The Economic Offences Wing (EOW) of the Crime Branch has lodged a chargesheet against eleven individuals for a financial fraud linked to an HDFC Bank outlet in Shopian, Jammu and Kashmir, officials announced on Thursday.

The case, filed under the applicable sections of the BNS and the IT Act, concerns alleged financial irregularities at the HDFC Bank branch in Shopian, according to an official.

The issue surfaced after a written complaint of alleged fraud was received, prompting the transfer of the matter to the Crime Branch for a thorough probe, he added.

During the investigation, multiple persons were identified as allegedly participating in the fraudulent activities, he said.

Those charged include branch managers Adil Ayoub Ganai, residing in Memendar, Shopian, and Irfan Majeed Zargar, residing in Shopian.

Other accused are Mubashir Hussain Sheikh, from Karena, Kulgam, who was then a bank employee; Zaid Manzoor, from Anantnag, also a bank employee; and Javaid Ahmad Bhat, from Below Rajpora, Pulwama, likewise employed at the bank.

The suspects were taken into custody on February 18 and have remained in judicial detention since, officials noted.

Following the conclusion of the investigation, the chargesheet was submitted to the court.

Published on May 7, 2026