Fraud of ₹3.62 crore in greed for 36% interest: Mohali court rejects bail, charges serious, 9 FIRs registered, possibility of absconding

The accused in the case of defrauding over 3.62 crore rupees by promising an annual interest of 36% on investments in Punjab will have to remain in jail for now. The Mohali District Court has rejected the regular bail application of the accused, Gurpreet Singh. The court denied bail, considering the allegations made in the case as serious. This case is related to the FIR registered at the Punjab State Crime Police Station, SAS Nagar (Mohali).