J&K: 11 Charge-sheeted In HDFC Bank Financial Fraud Case In Shopian

SRINAGAR, May 7: The Economic Offences Wing (EOW) Kashmir of the Jammu and Kashmir Crime Branch has filed a chargesheet before the Judicial Magistrate First Class, Shopian, in connection with a major financial fraud case involving 11 accused at the Shopian branch of HDFC Bank.

Officials said the case was registered at Police Station EOW Kashmir under relevant sections of the Bharatiya Nyaya Sanhita and the IT Act following allegations of large-scale financial irregularities at the bank branch.

The matter was later transferred to the Crime Branch J&K by the Police Headquarters for a detailed investigation.

During the investigation, several individuals were identified for their alleged involvement in the fraud and were arrested on February 18, 2026. Officials said all the accused have remained in judicial custody since their arrest.

After completion of the probe, the EOW Kashmir filed a chargesheet against all 11 accused before the court for judicial determination.

Officials said the investigation uncovered multiple financial irregularities linked to the fraud case at the HDFC Bank branch in Shopian.