Delhi Court Grants Bail to Kshitij Raghuvanshi in Financial Fraud Case
A court in Delhi has granted bail to Kshitij Raghuvanshi, who was accused of selling financial details of customers to fraudsters. The case was registered at the Cyber Police Station, and Additional Sessions Judge Shefali Sharma granted bail on a bond of Rs 50,000 with two sureties.
The court noted that the only evidence against Raghuvanshi was that four pages of screenshots of customer information were taken from his laptop by another accused, Manish. The investigation is complete, and no further electronic evidence is needed from Raghuvanshi. The court also mentioned that there is no proof of any money being transferred to Raghuvanshi’s account.
Advocate Shilpesh Chaudhary, along with Himanshu Yadav, argued that Raghuvanshi is innocent and has been falsely implicated. Raghuvanshi, an Area Manager at Bajaj Alliance in Bareilly, has been in custody since July 2024 and has been awarded the best employee of the company for three consecutive years.
The case started with a complaint from Nikhil Chhatarwal, a resident of Rohini, about online financial fraud. RBL Bank received complaints about unauthorized changes to customer contact details. The court emphasized the need for further investigation, especially involving co-accused Manish.
Doubts Revealed
Delhi Court -: A Delhi Court is a place in Delhi where judges make decisions about legal cases. Delhi is the capital city of India.
Bail -: Bail is when someone who is in jail is allowed to go home while they wait for their trial. They might have to pay money or follow certain rules to stay out of jail.
Kshitij Raghuvanshi -: Kshitij Raghuvanshi is a person who was accused of doing something wrong with people’s financial information. He worked as an Area Manager at Bajaj Alliance.
Financial Fraud -: Financial fraud is when someone tricks others to get money or financial information illegally. It is like stealing money in a sneaky way.
Investigation -: An investigation is when police or other authorities look into a situation to find out what happened. They gather evidence and talk to people to understand the truth.
Area Manager -: An Area Manager is a person who is in charge of a specific region or area for a company. They make sure everything runs smoothly in that area.
Bajaj Alliance -: Bajaj Alliance is a company in India that provides insurance services. They help people protect their money and property.
Custody -: Custody means being kept in jail or under police watch. Kshitij Raghuvanshi was in custody, which means he was not free to go home.
RBL Bank -: RBL Bank is a bank in India where people can keep their money, get loans, and do other financial activities. The case started with a complaint about changes to customer details at this bank.
Co-accused -: A co-accused is another person who is also blamed for the same crime. In this case, Manish is the co-accused along with Kshitij Raghuvanshi.