Prosecutors opened a criminal investigation into the explosive sexual abuse allegations made by a former JPMorgan banker against a female executive but declined to pursue charges due to a lack of evidence, sources exclusively told the Daily Mail. 

Chirayu Rana, 35, accused JPMC executive director Lorna Hajdini, 37, in a lawsuit of forcing him to engage in non-consensual and humiliating sex acts while working together in the bank’s leveraged finance division, including claims of repeated drugging, racial abuse and coercion.

Hajdini has vehemently denied the allegations through her attorney, while JPMorgan said an internal investigation found no evidence of wrongdoing and that Rana’s claims had ‘no merit’.

But Rana doubled down on his allegations on Monday, filing new exhibits to the docket including a first-person affidavit in which he claimed to be suffering from PTSD as a result of the alleged abuse.

In the affidavit, Rana claimed the Manhattan District Attorney’s Office had opened a criminal investigation into Hajdini that was ongoing. He said he was assigned a mental health counsellor last year ‘in connection with the open criminal investigation,’ according to the filing. 

While the DA’s office did briefly look into Rana’s claims, the inquiry was closed after investigators found no evidence of wrongdoing, two sources with knowledge of the matter told the Daily Mail.

One source said Rana was referred to the counselor only after investigators closed the case because it was determined he would benefit from continued psychological support.

Chirayu Rana (above, with his parents) accused Lorna Hajdini in a lawsuit of forcing him to engage in non-consensual and humiliating sex acts while working together at JPMorgan

Hajdini is an executive director in JPMorgan Chase’s Leveraged Finance division. The bank says they found no ‘merit’ to Rana’s claims

Danielle Filson, Communications Director for the Manhattan DA, declined to comment on any details about the investigation when reached by phone.

Rana’s attorney, Daniel Kaiser, told the Daily Mail on Monday that it was his understanding the case was still active, though he said his knowledge of ‘what the DA is doing is limited.’ 

Then on Tuesday, after being approached for an updated comment, Kaiser shared: ‘My client received notice on May 4, 2026, by letter from the DA emailed to him that the investigation was closed.’

A JPMorgan insider with knowledge of the matter told the Daily Mail that they believe Rana’s allegations are beginning to fall apart – as they’d anticipated.

‘We believed from the outset the allegations were fabricated,’ the source said. ‘I just feel so sorry for Hajdini because she’s so highly thought of here. I hope she can move on from this.’

Over the past week, a series of unusual claims and online posts linked to Rana have surfaced, adding further scrutiny to his account.

A post from roughly 10 months ago on the website Ask A Lawyer has emerged, appearing to show a person named Chirayu Rana seeking advice from an AI chatbot on filing a lawsuit against a male boss at Morgan Stanley.

Although the post refers to a male superior at a different company, it includes allegations strikingly similar to those made in Rana’s lawsuit against Hajdini and JPMorgan.

The timing suggests it was posted more than a month after Rana says he raised similar allegations about Hajdini internally at JPMorgan in May 2025.

The claims against Hajdini were investigated by the DA but a criminal case wasn’t perused due to a lack of evidence, sources told the Daily Mail

A spokesperson for the office of New York DA Alvin Bragg declined to comment

It is unclear whether the post was written by the same individual. Kaiser did not respond to a request for comment.

Rana’s employment history shows he previously worked at Morgan Stanley.

In a report on Monday, the New York Post alleged that Rana had previously told others his father had died, a claim the outlet said was later contradicted, so he could collect three months of paid bereavement leave. The Daily Mail asked Kaiser about the report but didn’t receive a response.  

Rana’s tenure at JPMorgan appeared to come to a head in mid-2025.

In May that year, he filed an internal complaint of discrimination and harassment, alleging a pattern of sexual abuse and racial discrimination, according to his lawsuit.

He was placed on involuntary administrative leave on June 6, a day after being reprimanded by a superior, according to the complaint.

He left the company more than three months later.

Rana’s attorney said his client had spent months attempting to resolve the matter privately, but alleged JPMorgan ‘repeatedly postponed and prolonged settlement and mediation discussions.’

His decision to file the lawsuit came after a ‘great deal of emotional and personal perseverance,’ Kaiser said.

The Daily Mail was first to report on Rana’s claims.

Rana was unmasked as the accuser behind last week’s bombshell JPMorgan lawsuit by insiders at the bank, who accused him of fabricating the claims

After leaving JPMorgan in late 2025, he joined Bregal Sagemount but left in April – three weeks before filing the lawsuit.

A spokesperson for Sagemount confirmed Rana joined in October but was ‘no longer an employee’ as of April 2.

The reasons for his departure were not disclosed.

The Daily Mail visited Rana’s parents’ $1.75 million home in Vienna, Virginia, on Friday.

A man who declined to identify himself answered the door. He confirmed Rana’s family lives at the property but said Rana does not and rarely visits. He said he was unaware of the allegations but expressed support.

When reached by phone, his mother, Baruna Rana, spoke briefly before saying ‘sorry’ and abruptly hanging up.

Rana was married at the time he claims the alleged abuse began. His current marital status is unclear.

His attorney, Daniel Kaiser, said he was not authorized to discuss Rana’s personal life but said his client has been personally and professionally ‘destroyed’ by the alleged abuse.

Rana is seeking damages for lost earnings, emotional distress and reputational harm, as well as punitive damages and changes to the bank’s practices.

He has requested a trial by jury.