According to sources who spoke exclusively to the Daily Mail, prosecutors launched a criminal investigation into the shocking claims of sexual abuse against a female executive made by a former JPMorgan banker, but they decided not to press charges because there was insufficient evidence.
In a complaint, 35-year-old Chirayu Rana accused 37-year-old JPMC executive director Lorna Hajdini of coercing him into performing non-consensual and degrading sex activities while they were employed together in the bank’s leveraged finance section. The allegations included recurrent drug use, racial abuse, and coercion.
Through her lawyer, Hajdini has fiercely refuted the accusations, while JPMorgan stated that Rana’s claims had “no merit” and that an internal probe turned up no proof of misconduct.
However, Rana strengthened his claims on Monday by adding fresh evidence to the docket, such as a first-person affidavit in which he stated that the alleged assault had caused him to experience PTSD.
Rana stated in the affidavit that Hajdini was the subject of an ongoing criminal investigation by the Manhattan District Attorney’s Office. According to the document, he claimed that last year, “in connection with the open criminal investigation,” he was given a mental health counsellor.
Two people with knowledge of the situation told the Daily Mail that although the DA’s office did briefly investigate Rana’s claims, the investigation was dropped after investigators discovered no proof of misconduct.
According to one source, Rana was only assigned to the counsellor after the case was finished since it was decided that he would benefit from ongoing psychological treatment.
In a complaint, Chirayu Rana (seen above with his parents) claimed that Lorna Hajdini coerced him into doing degrading and non-consensual sexual acts when they were employed at JPMorgan.
Hajdini works as an executive director in the Leveraged Finance division of JPMorgan Chase. The bank maintains that Rana’s allegations lacked “merit.”
When contacted by phone, Manhattan DA Communications Director Danielle Filson declined to comment on any aspects of the investigation.
Daniel Kaiser, Rana’s lawyer, told the Daily Mail on Monday that he understood the case was still pending but that his awareness of “what the DA is doing is limited.”
After being asked for an updated statement on Tuesday, Kaiser said, “My client received notice on May 4, 2026, by letter from the DA emailed to him that the investigation was closed.”
As they had predicted, a JPMorgan insider with knowledge of the situation told the Daily Mail that they think Rana’s accusations are starting to crumble. “We believed from the outset the allegations were fabricated,” the person stated. Because Hajdini is so well-liked here, I just feel so bad for her. I’m hoping she can put this behind her.
Rana’s account has come under increased scrutiny over the past week due to a number of strange claims and online posts that have been connected to him.
A post on the website Ask A Lawyer from around ten months ago appears to show Chirayu Rana asking an AI chatbot for assistance on how to file a lawsuit against a male employer at Morgan Stanley.
The article contains accusations that are remarkably similar to those made in Rana’s lawsuit against Hajdini and JPMorgan, despite the fact that it refers to a male superior at a different organization.
The timing indicates that it was published almost a month after Rana claims that in May 2025, he brought up similar accusations regarding Hajdini at JPMorgan.
Sources told the Daily Mail that although the DA looked into the allegations against Hajdini, there was insufficient evidence to pursue a criminal case.
Alvin Bragg, the New York DA’s office spokesperson, declined to comment.
It’s uncertain if the same person wrote the post. A request for comment was not answered by Kaiser.
Rana used to work for Morgan Stanley, according to his job history.
The New York Post reported on Monday that in order to receive three months of paid bereavement vacation, Rana had previously informed others that his father had passed away, an allegation that the publication claimed was later refuted. Kaiser was questioned by The Daily Mail over the report, but they never heard back.
In the middle of 2025, Rana’s time at JPMorgan seemed to be coming to an end.
According to his lawsuit, he submitted an internal complaint of harassment and discrimination in May of that year, claiming a pattern of racial discrimination and sexual assault.
The complaint states that on June 6, a day after receiving a reprimand from a superior, he was put on involuntary administrative leave.
After more than three months, he quit the company.
Rana’s lawyer said that although his client had spent months trying to settle the dispute in private, JPMorgan “repeatedly postponed and prolonged settlement and mediation discussions.”
After “a great deal of emotional and personal perseverance,” Kaiser said, he decided to bring the complaint.
Rana’s claims were initially reported by The Daily Mail.
Insiders at the bank exposed Rana as the accuser in last week’s shocking JPMorgan lawsuit, accusing him of making up the allegations.
He joined Bregal Sagemount after leaving JPMorgan in late 2025, but he quit in April, three weeks prior to bringing the case.
Rana joined in October, according to a Sagemount representative, but as of April 2, she was “no longer an employee.”
His reasons for leaving were not made public.
On Friday, The Daily Mail paid a visit to Rana’s parents’ $1.75 million Vienna, Virginia, house.
The door was answered by a man who refused to provide his name. Although he acknowledged that Rana’s family resides there, he stated that Rana doesn’t often visit. Although he claimed not to be aware of the accusations, he offered his support.
His mother, Baruna Rana, answered the phone, said “sorry,” and immediately hung up.
When Rana says the alleged abuse started, he was married. It’s uncertain if he is currently married.
Daniel Kaiser, his lawyer, claimed that although he was not permitted to talk about Rana’s private life, the alleged abuse had “destroyed” both his client’s personal and professional life.
Rana is requesting punitive penalties, adjustments to the bank’s procedures, and compensation for lost wages, mental suffering, and reputational damage.
He has asked for a jury trial.
