NATIONAL

Indian bank: Five others were convicted to ten years in Firozabad, while an teller received a life sentence for the Rs 1.85 crore crime

Indian bank: According to authorities on Saturday, a local court sentenced a cashier at an Indian Bank branch to life in jail and five others to ten years of harsh imprisonment for embezzling more than Rs 1.85 crore from more than 100 accounts.

Indian bank
Indian bank

On Friday, Additional District and Sessions Judge Sarvesh Pandey found cashier Jaiprakash Singh guilty and fined him Rs 5.5 lakh. He also sentenced former bank manager Raghvendra Singh, Praveen Kumar, Akash Mishra, Veer Bahadur, and Sukhdev Singh to ten years in jail apiece.

SSP Saurabh Dixit claims that the fraud was discovered on March 19, 2025, when a number of patrons of the Jasrana branch of Indian Bank reported that their accounts did not reflect the money they had placed.

Tarun Kumar Bishnoi, the regional head of the bank, filed a formal report at the Jasrana police station after taking note of the accusations.

According to the SSP, the investigation found that over 100 accounts had had Rs 1,85,97,000 stolen over time.

A chargesheet was then filed by police against Shaktinagar cashier Jaiprakash Singh, Praveen Kumar and his father Kunwarpal, a house guard from Bihari village, Kothipura’s Akash Mishra, Shivnagar’s Veer Bahadur, and Balajipuram, Mathura’s Sukhdev Singh.

The police classified the case as an organized crime and presented witnesses and evidence to the court as part of “Operation Conviction.”

According to Dixit, the court rendered its decision 172 days after the lawsuit was filed.

The conviction was described by the police as a major achievement in guaranteeing prompt justice in situations involving financial crimes.

Back to top button