Anticipatory Bail Denied in Bike Bot Scam; Court Highlights Economic Crime Gravity and Investigation Need.

Rejection of anticipatory bail - Money Laundering - Bike Bot Scam - Funds were diverted to shell companies for concealing the true purpose of collecting it and for rotation - proceeds of crime - The Allahabad High Court rejected the application for anticipatory bail, citing the serious nature of the economic offenses involved, the ongoing investigation's requirements, and the legal strictures against bail in such cases. .....

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