ReferIndia News Court Denies Bail in High-Profile Money Laundering Case

ReferIndia News

Need a website for your NGO?

Build trust and reach more donors—FreeNGO creates powerful websites tailored for your cause.

Contact Now
News Image

Court Denies Bail in High-Profile Money Laundering Case

Published on: March 25, 2026, 8:23 a.m. | Source: Devdiscourse

A Mumbai court has denied bail to Pune businessman Amit Thepade in a Rs 117-crore money laundering case, citing the severe threat posed by economic offences to the nation's financial health. Thepade's arrest by the Enforcement Directorate was linked to fraudulent activities involving credit facilities from Canara Bank.

Checkout more news
Ad Banner

Looking for free cloud deployment?

Sign up & get $200 free credit for 60 days to launch your first Droplet or GPU server on DigitalOcean 🚀

Signup Now
ReferIndia News contact