Chit Fund Fraud: 2 women cops chargesheeted for ₹1.88 crore by Crime Branch Jammu

JAMMU,15 December,2023: Economic Offences Wing – Crime Branch Jammu produced 382 page charge-sheet against 02 accused Women Police S.G constables – 1) W/SgCt. Nirmal Kour Saini No.211/IRP 15 th Bn PID No.ARP-985544 W/o Mohinder Singh R/o Kol Kalan Bishna, Jammu and 2) W/Sg.Ct.Arti Sharma No.414/ 4 th Security PID No.ARP-012932 W/o Sunil Sharma R/o Village Ghara Sotra Hira Nagar in case FIR No. 23/2014 U/S 420, 406,
120-B RPC P/S EOW, Crime Branch, Jammu in the Hon’ble Court of law for judicial
determination for hatching criminal conspiracy and cheating the complainant along with
other co-employees of IRP 15 th Battalion of Rs 1,87,64,000.00 after luring them on the
pretext of hefty returns for investing money and gold with them.

The case stems its origin from an enquiry report forwarded by Commandant
IRP 15th Bn. Jammu through IGP Armed/IRP, Jammu Zone, Jammu to Crime Branch,
Jammu, which revealed that written complaints came to be filed by Women Constables
of IRP 15 th Battalion to the effect that accused W/SgCt.Nirmal Kour of IRP 15 th Battalion
had taken an amount of Rs. 1.00 Lakh each from them fraudulently on the pretext that
she would repay an interest of Rs. 5000/- per month on the invested money but neither
such interest nor the principle amount was paid back by the accused to the
complainants and thus the accused had cheated them and misappropriated their
money.

On this, a discreet enquiry was conducted by Commandant IRP 15th Bn. During
the course of enquiry it was found that the accused W/Sgct. Nirmal Kour in connivance
with her husband Mohinder Singh Saini presently posted in JKAP 14th Bn. had collected
a huge amount of cash and gold not only from the complainants but from other women
officials of the 15th Bn. and security wing too illegally after alluring them with high rate
of interest besides arranging gold loan facilities but had deposited the cash with some
finance company and gold with Manappuraam Bank- Satwari, Karan Market Jammu for
their personal use, thereby cheated and duped the fellow officials and misappropriated
the collected amount to the tune of Rs. 1.50 Crores and gold about 300 grams approx.
On receipt of the enquiry report a formal case was registered in Crime
Branch Jammu under the relevant sections of law.

During the course of investigation it was also found that accused also started business of electronic gadgets and furniture items at Battalion headquarters against monitory benefits to win over the confidence of innocent investors. During the course of investigation all material
evidence in the form of documentary record was collected from concerned quarters
besides statements of complainants & witnesses were recorded and the offences U/S
420, 404, 120-B RPC P/S Crime Branch, Jammu were established against both the
accused for cheating and duping the complainants and other co-employees of the
Battalion of their hard earned money. A preliminary charge-sheet has been produced

against the accused 1) W/SgCt. Nirmal Kour Saini and 2) W/Sg.Ct.Arti Sharma & further
investigation continues into the said case FIR.