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2,620 face charge under banking fraud in last fiscal year


16 August 2019  

Time taken to read : 2 Minute


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KATHMANDU: The cases of banking fraud have increased in recent years in the Kathmandu Valley.

A total of 2,566 cases under this criminal offense had been registered during the last fiscal alone, according to the Metropolitan Police Office.

Of the cases, 2,338 were from Kathmandu followed by 152 in Lalitpur and 76 in Bhaktapur.  In the previous two consecutive years, legal action was sought against 487 and 10 people respectively for banking fraud in the Kathmandu Valley alone.

There are 15 offices in Kathmandu, three in Lalitpur and three in Lalitpur to look after the banking fraud issues. Besides the Metropolitan Crime Division and the Central Investigation Bureau are authorized to seek legal action against the crime.

Office Spokesperson and Senior Superintendent of Police Shyam Lal Gyawali said cases relating to borrowing and lending of money are making up a significant portion in the chart of banking fraud.  Besides, a bounced check is also dealt under the provisions of banking fraud.

This number was 2,620 throughout the country last fiscal year followed by 776 and 93 in the previous two fiscal years, the Nepal Police Headquarters shared.

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