Fraud of Rs 14 million: a money trail implicates constable Yashwantsingh Prayagsing
The noose tightens around constable Yashwantsingh Prayagsing, aged 35. He was arrested on Thursday, April 2, 2026, by the Financial Crimes Commission (FCC) and is at the center of a fraud case with total damages exceeding Rs 14 million. According to preliminary investigation findings, he is accused of scamming at least a dozen individuals. Banking evidence has precisely traced the route of the extorted money.
The breaking point for the suspect came with the meticulous reconstruction of his financial circuit by commission experts. From September 2024 to December 2025, investigators identified a series of suspicious and repetitive transactions. This money trail reveals systematic money transfers ranging from Rs 100,000 to Rs 500,000. Confronted with this damning evidence during his interrogation, the constable attempted to justify these financial flows by citing a 'business agreement.' He claimed that the amounts entrusted to him were loans he intended to repay. However, for the FCC, the frequency and nature of these deposits leave little room for doubt, resembling the outcome of a criminal scheme aimed at defrauding individuals.
Refined Method
The investigation highlights the particularly refined method employed by the policeman to lure his targets. To gain their trust, he posed as an employee of the Cargo Handling Corporation. Claiming to have privileged contacts and direct access to the cargo department at the port, he promised to facilitate all procedures related to the sale and customs clearance of imported vehicles at unbeatable prices. By masquerading as an influential intermediary capable of resolving administrative situations, he managed to convince his targets to hand over, step by step, colossal sums for procedures that never materialized.
The Financial Crimes Commission suspects that the number of defrauded individuals may be higher and has urged anyone who feels wronged by this policeman to come forward promptly. On Friday, he appeared before the court facing two provisional charges of money laundering and 'false representation.' The police investigation continues.
