Jammu, June 29 -- The Economic Offences Wing (EOW) of Crime Branch on Sunday registered an FIR into an alleged fraud of more than Rs 68 lakh in Jammu and Kashmir Grameen Bank after an internal vigilance inquiry uncovered suspected fake loan accounts, unauthorised transactions and diversion of funds.

The case was filed under sections 420 and 120-B of the Indian Penal Code after complaints forwarded by the Crime Headquarters, J&K, through the director, Anti-Corruption Bureau, were received from the chief of audits, inspection and vigilance of the bank, a spokesperson of the Crime Branch Jammu said.

During an internal inquiry, the official said it was found that at the Kaluchak branch, 58 loan accounts under 15 joint liability groups (JLGs...