Archive · 22 May 2025
Man Arrested in Jaipur for ₹55 Lakh Provident Fund Fraud
Imagine some people were taking money from a special savings account for employees.
This account was supposed to make it easy for people to get their money out, but these people found a way to trick the system.
They made the amounts in the accounts look bigger than they were, and then they took the extra money for themselves.
The police caught one of the people, who was 56 years old.
They are still looking for other people who were involved.
The police are offering money to anyone who can help them find the missing people.
This is illegal, and the people involved are being charged with serious crimes like cheating and stealing from the government.
A 56-year-old man was arrested in Jaipur for a ₹55 lakh PF fraud.
The fraud involved misuse of the auto-withdrawal system of the state insurance and provident fund department.
The accused, Mohammad Khurshid, inflated GPF opening balances.
Funds were diverted into personal accounts using the auto-processing system.
An FIR was registered under various IPC sections, and a cash reward was offered for information.
- Who
- Mohammad Khurshid, a class four employee at a Unani hospital, was arrested. Sandeep Mathur was also involved.
- What
- A 56-year-old man was arrested for his role in a ₹55 lakh embezzlement case involving the misuse of the Provident Fund auto-withdrawal system.
- When
- The arrest occurred on Tuesday. The complaint was filed on June 27, 2023.
- Where
- Jaipur, India
- Why
- The accused allegedly manipulated the auto-withdrawal mechanism to divert funds into personal accounts, causing substantial losses.
- Accused
- Mohammad Khurshid
- Age
- 56
- Location
- Jaipur
- Amount Embezzled
- ₹55 lakh
- Department
- State insurance and provident fund
- Role
- Class four employee