STATE TIMES NEWS
JAMMU: Chief Judicial Magistrate (CJM) Jammu Ashwani Sharma rejected the bail application of Santosh Kumar, resident of Delhi, who was arrested by the Police Station Trikuta Nagar in alleged about Rs 22 crore Bitcoin scam.
The CJM Jammu after hearing Senior Prosecuting Officer Rohit Gupta with Prosecuting Officer Arvind Jamwal for the State whereas Advocate M.R Daing for the applicant observed that as per CD file, FIR No.20/18 Police Station Economic Offences Wing New Delhi and FIR No.544/17 Police Station Dabri South West Delhi have also been registered under Sections 406, 420 and 34 RPC and under Sections 420, 120-B, 506 and 34 RPC respectively and the instant FIR has also been registered against the accused under Sections 420, 409 and 120-B RPC and it has come in the police as well as CD file that the accused along with his wife and manager Arun Kumar has duped the complainant and had embezzled Rs. 22 crore. “The accused is involved in the commission of Economic offence and the allegations against the accused are serious in nature and the public money is involved in the commission of offence particularly that of the complainant. While deciding a bail application, the larger interest of the State is to be taken into consideration by the court, viz-a-viz the individual interest”, the court observed and rejected the bail application.
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