By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Delhi court dismisses bail plea of man accused in duping Rs 2.25 crores using mobile application – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > National > Delhi court dismisses bail plea of man accused in duping Rs 2.25 crores using mobile application – World News Network
National

Delhi court dismisses bail plea of man accused in duping Rs 2.25 crores using mobile application – World News Network

worldnewsnetwork
Last updated: October 22, 2024 12:00 am
worldnewsnetwork 7 months ago
Share
SHARE

New Delhi [India], October 22 (ANI): A Delhi court has recently dismissed a bail application of a man accused in a case related to duping of Rs. 2.25 crore using a mobile application on the pretext of investment. The court dismissed the plea in view of accused’s active role in transfer of money and involvement of two Chinese Nationals.
Additional Sessions Judge (ASJ) Joginder Prakash Nahar dismissed the bail plea of accused Mustakeen Ali.
While dismissing the plea, the court noted that accused Mustakeen Ali has active involvement in transfer of funds of Rs.2.25 crores from an account in a short period of time.
The Court said, “The said amount is under investigation with the Investigation Officer (IO). The other two Chinese nationals in touch with accused Mustakeen Ali are also yet to be traced out.”
“Keeping in view the facts and circumstance of the case against the accused Mustakeen Ali it is not desirable to grant bail to him at this stage of proceedings,” the court said in the order.
It further said that in fact his total involvement in the case regarding such transfer of fund for a sum of Rs.2.25 crores is yet to be traced out and he may also tamper with evidence.
In such circumstances of the case it is held that the accused Mustakeen Ali is not entitled to bail at this stage of proceedings, the court said.
However, the court granted bail to another accused Jai Vardhan alias Jai Singh. Advocate Sanjeev Malik and Shivani Yadav appeared for Jai Vardhan Singh. Delhi police opposed the bail plea and filed a reply.
It was submitted by the IO that one Vikram Singh had filed an online complaint regarding online financial fraud. Later on, he gave a written complaint in which he stated that he has serving as a Boutique Operation Specialist in a showroom in Karol Bagh for the past 15 years.
On 10-01-2024 while at work, he came across an advertisement/link promoting the Million Rupees Stock Academy on a social media platform. Thereafter, he clicked the link, which led him to a WhatsApp group administered by Shefali Bagga. Shefali Bagga and others, using the mobile numbers, initiated contact with complainant and encouraged him to download the “Well Pro app” for trading in shares, he alleged.
As reply of Delhi police, she claimed SEBI registration and a Mumbai office for legitimacy. She guided him how to invest and earn huge profits through them. She told him that they are registered with SEBI and their office is in Mumbai. He downloaded the said mobile app at her pursuance. She asked him to invest with small amount. She sent him the details of bank Current account to transfer the money. The account was in the name of “Singh Garments” at Chandni Chowk, Delhi Branch. She persuaded him rigorously and asked him to invest small amount to earn huge profit. She taught him the functioning of “Well Pro App”.
On 14/01/2024, he invested a small amount of Rs 10,000 through online mode to the above said bank account from his bank account. He shared the screen shot of the same with Shefali Bagga. The amount added was shown on his account on “Wells Pro Mobile app” and started trading with them. The amount and profit was visible on well Pro app. On 23 January, 2024, Shefali Bagga suggested him that if he will keep Rs. 6,00,000/- (Six Lakh) amount in his “Wells Pro App” account then he will be able to apply with 3 times of the deposited amount.
On advice of Shefali Bagga, complainant transferred the Rs 6,00,000 in the same bank account and applied for 3 times of the amount for IPO through same mobile app. Later on, he was said to have allotted with 24,000 shares of the IPO and he has further asked to deposit a total of 15,84,000.
He discussed this with his friend who told that he is getting cheated by them and suggested him to speak to Shefali Bagga on normal voice call. He tried to talk to her over given mobile numbers but both the numbers were switched off. He realized that he has been cheated for Rs. 6,52,000 by the accused persons. He requested for legal action.
On the basis of his complaint an enquiry was conducted. Subsequently, a case FIR under sections 419/420/120B IPC was registered and investigation was taken up. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Pakistan escalates tensions; drones spotted at 26 locations from Baramulla to Bhuj – World News Network

“Armed forces will neutralise Pakistan”: Tejashwi Yadav expresses support for armed forces amid India-Pak tensions – World News Network

India opposes IMF funding to Pakistan over cross-border terrorism concerns: GOI Sources – World News Network

Pune: 19-Year-old woman arrested over Pakistan Zindabad Instagram post – World News Network

32 airports closed, security heightened as India-Pak tension escalates – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article New ‘Pingu’ series in works – World News Network
Next Article Uttar Pradesh: 12.5 kg of gold recovered during checking at Yamuna Expressway – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 World News Network. All Rights Reserved.
  • Advertise with us
  • Newsletters
  • Deal
Welcome Back!

Sign in to your account

Lost your password?