Pachpaoli Police have registered a case against three individuals accused of duping SBI customers of over ₹45.23 lakh by falsely promising higher returns on fixed deposits.
The accused have been identified as Ashish Yashwant Jogey (40), a resident of Dalalu Housing Society, Jaripatka, Nagpur; Swapnil Santosh Lanjewar, who managed the SBI Customer Service Center at Indora Chowk; and Datta Panchal, who assisted them in their fraudulent activities.
According to the police, Jogey and Lanjewar were authorized by the AISECT Company to operate an SBI Customer Service Center in the Pachpaoli area. While these centers are designated for limited financial transactions, the accused allegedly misused their position to deceive customers.
Between 2019 and February 25, 2025, the trio convinced customers to invest in a non-existent SBI fixed deposit scheme, falsely claiming it offered 10% returns, which was higher than standard market rates. They reportedly collected cash from unsuspecting customers and issued fake receipts featuring the SBI logo.
Even after the promised maturity period, the accused failed to return the invested amounts. Among the victims was Mrs. Sangeetakumari Bigambarsingh Katoch (55), a resident of Gurunanak Nagar, Lashkaribagh, Nagpur, along with 35 other individuals, who collectively lost a total of ₹45,23,350.
Following a complaint by Katoch, Pachpaoli Police Station Inspector Haresh Kalsekar registered a case under Sections 318(4), 336(2), 336(3), 338, 340(2), and 61(2) of the Indian Penal Code, along with Sections 3 and 4 of the Maharashtra Protection of Interests of Depositors (In Financial Establishments) Act.
Police have apprehended Ashish Jogey, while further investigations are underway.
Police Appeal to Citizens
Pachpaoli police have urged anyone who invested in fixed deposits through the SBI Customer Service Center at Indora Chowk and faced similar fraud to contact the Pachpaoli Police Station and file a complaint.
Authorities have also advised citizens to thoroughly verify the authenticity of individuals or institutions before investing in any financial schemes. Ensuring the entity is properly authorized under government regulations can help prevent such fraudulent incidents.
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