Riyaz Bhat
The Additional Sessions Judge, Ganderbal, has rejected the fourth bail application of Amir Bashir Magray, S/O Bashir Ahmad Magray, a resident of Bonzila Kangan, who is accused in a high-profile ₹53 crore online financial fraud case.
The case is registered under FIR No. 28/2025 at Police Station Kangan for offences punishable under sections 318, 316, and 61 of the Bharatiya Nyaya Sanhita (BNS). According to official sources, the accused is alleged to have been involved in a large-scale online scam that defrauded multiple individuals and entities across different regions.
The prosecution, representing the Union Territory of Jammu and Kashmir, was conducted by Additional Public Prosecutor Shafat Ahmad, who strongly opposed the bail plea, arguing that the gravity of the offence and the magnitude of financial loss warranted continued detention of the accused.
After hearing arguments from both sides, the court dismissed the bail application, observing that the investigation is at a crucial stage and that releasing the accused could hamper the process of justice. The charge sheet in the case is currently pending before the Court of Judicial Magistrate, Kangan.
The case has drawn significant public attention due to the sheer scale of the alleged fraud and the growing concern over rising incidents of online financial crimes in the region.
