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Refuses Bail, Family Booked For Cheating Depositors Found Involved In More Than 100 Other Cases: Kerala High Court

19 Jul 2024 2 min read
Refuses Bail, Family Booked For Cheating Depositors Found Involved In More Than 100 Other Cases: Kerala High Court

In a significant legal development, the Kerala High Court has refused bail to the accused in multiple economic offences under Section 409 of the Indian Penal Code (IPC). The case pertains to allegations involving a staggering amount of over Rs. 8.2 crore, with the accused facing charges of cheating depositors across the state. The court's decision was based on the gravity and severity of the offences under Section 409 of…

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