#bank account misuse

Punjab & Haryana HC denies anticipatory bail to an accused in a Rs. 60.5 lakh cyber fraud case, holding that custodial interrogation is essential where Rs. 8.5 lakh of fraud proceeds were deposited in the accused's account and Rs. 1.72 crore transacted within days. The ruling underscores that financial complicity in cyber fraud overrides bail considerations under Section 438 CrPC.

Delhi High Court ruled that merely acting as a passive conduit for fraudulently diverted funds-coupled with accounting knowledge and familial ties to the primary accused-constitutes strong indicia of complicity in economic offences, justifying bail denial under Bharatiya Nagarik Suraksha Sanhita. The judgment lowers the threshold for establishing involvement in financial crimes, impacting accused with indirect but knowing participation.

The Rajasthan High Court denies bail in cyber fraud cases where petitioners' bank accounts processed lakhs in suspicious transactions, emphasizing prima facie case and gravity of offense.