Varanasi. The Economic Offences Wing (EOW) Varanasi has arrested an accused in a case involving the alleged embezzlement of around ₹1.50 crore in government loan schemes in Jaunpur. The agency arrested Jogendra alias Yogendra Prasad from JCs Chauraha in Jaunpur. The accused is a resident of Premapur village under the Gaurabadshahpur police station area. Investigators allege that he was involved in the process as an agent and guarantor.
According to the EOW, forged documents were allegedly prepared in the names of beneficiaries in 2012-13 in connection with various government loan schemes at the Mandi Samiti, Chaukia branch of Kashi Gomti Samyut Gramin Bank. The alleged fraud involved the disbursement of funds under these schemes on the basis of such documents, followed by the alleged embezzlement of around ₹1.50 crore in government money.
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The roles of the then bank branch manager and the agent were being investigated in the case. According to the investigating agency, Jogendra allegedly participated in the loan process as an agent and guarantor. The agency is now examining the extent of his alleged involvement in preparing forged documents and the subsequent alleged misuse of the loan funds.
FIR Registered in 2015
An FIR was registered in 2015 at Line Bazar police station in Jaunpur on the complaint of the then bank manager, Ram Kripal Maurya. The complaint alleged fraud in government loan schemes and embezzlement of funds. After the initial investigation by the police, the state government handed over the case to the Economic Offences Wing in Varanasi.
After taking over the investigation, the EOW began examining bank records, loan documents and paperwork related to the beneficiaries. During the investigation, Jogendra’s alleged role as an agent also came under scrutiny. The agency had been collecting documents and other evidence related to his alleged involvement.
Ran Agency Near JCs Chauraha
According to the investigating agency, Jogendra operated an agency named “Chandni Solar Urja” at Yashwant Katra near JCs Chauraha in Jaunpur. He had subsequently shifted his residence to Ibrahimabad village in Jaunpur. After receiving information about his whereabouts, the EOW team launched an operation to arrest him.
Acting on the information, the team reached the area near JCs Chauraha and arrested the accused. He was subsequently produced before a court in Varanasi. The court sent him to judicial custody.
The EOW said the investigation is still underway. The agency is examining the distribution of funds under the government loan schemes, beneficiary documents, bank records and the alleged roles of other people connected with the case. Further action will be taken on the basis of evidence gathered during the investigation.
About the author — Suvedita Nath is a science student with a growing interest in cybercrime and digital safety. She writes on online activity, cyber threats, and technology-driven risks. Her work focuses on clarity, accuracy, and public awareness.
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