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Fraud Investigation Cannot Be Indefinitely Delayed, Investors Must Not Be Left Waiting: Criticizes EOW: Bombay High Court

31 Dec 2024 3 min read
Fraud Investigation Cannot Be Indefinitely Delayed, Investors Must Not Be Left Waiting: Criticizes EOW:  Bombay High Court

In a recent development, the Bombay High Court expressed serious concerns regarding the delayed investigation of a major fraud case involving over 600 investors in Mumbai. The case, which has been under investigation by the Economic Offences Wing (EOW), Unit-8, Mumbai, has faced significant delays, leaving the investors, many of whom are senior citizens, in uncertainty about the outcome. Background of the Case The case stems from an FIR, C.R.…

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