#Financial Crimes

MP High Court grants bail to a 21-year-old student accused of facilitating mule accounts in a Rs. 2.27 crore cyber fraud, holding that socio-economic circumstances, absence of criminal antecedents, and non-beneficiary role outweigh the gravity of the offence. The ruling underscores that prolonged pre-trial detention without custodial interrogation necessity cannot be justified solely on the scale of financial loss.

Chhattisgarh High Court rejects bail in cyber fraud case, holding that organized financial crimes with inter-state ramifications warrant stricter scrutiny under Bharatiya Nagarik Suraksha Sanhita, 2023.