JCCB ex-Manager, son charged with fraud

Excelsior Correspondent
JAMMU, Dec 14: Police today registered a First Information Report (FIR) against the then Manager of Jammu Central Co-operative Bank (JCCB) and his son for alleged fraud worth several lakh in Super Bazaar branch of the bank.
A FIR has been registered in the City police station against Krishan Mehra, the then Manager of JCCB at Super Bazaar branch and his son Rajesh Mehra, an Insurance company’s official under Sections 420, 467, 469, 409 and 120-B RPC.
The FIR was registered after the Crime Branch completed investigations in the case and established the fraud against father-son duo.
As per the modus operandi, Mehra had issued limits worth several lakhs to non-existent firms, which, in turn, became defaulters.
Also, the then Manager used to ask the loanees to get their firms and goods insured from his son, thus, causing undue benefits to his son by misusing his official position.
SHO City Inspector Bharat Sharma has started investigations in the case after lodging the FIR.