Jammu, Oct. 6 -- The Economic Offences Wing (EOW) of the Crime Branch Jammu on Monday filed a chargesheet against two accused persons in a multi-lakh financial fraud case, involving the alleged collection of over Rs.1.22 crore from investors in Samba district.

Police said they identified the accused as Manoj Kumar, Area-Branch Manager, and Vikram Singh, Assistant Branch Manager, associated with Metropolitan Finance Ltd, Mansar Finance Ltd and Vaibhav Pariwar India Projects Ltd.

The investigation, led by Inspector Taranjeet Singh, found that the accused allegedly induced Samba residents to invest their money in various schemes promising lucrative returns, including compulsory convertible preference shares (CCPS) and fixed deposits, accor...