Court rejects bail plea of doctor in Rs 35 crore online investment fraud

Noting that the investigation is still at an early and sensitive stage, a local court in Kangan has rejected the bail plea of a doctor along with three others accused in a large-scale online investment scam, in which they allegedly cheated several people out of Rs 35 crore by offering false promises of high returns.

The four accused allegedly benefited from the money taken from the victims, with each of them keeping portions of the defrauded amount in their bank accounts, as per the Kashmir News Trust investigation report.

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