India, Feb. 2 -- A special MPID (Maharashtra Protection of Interest of Depositors Act) court in Thane granted bail to a woman arrested in the Torres Jewellery fraud case in which scores of investors from Mumbai Metropolitan Region were duped of crores of rupees.

Laxmi Yadav, who was hired as a consultant by the company, is the first from among the nine arrested accused in the case to get bail in the multi-crore ponzi scheme case.

Advocate Trupen Rathod, appearing for Yadav, informed the court that she was one of the whistleblowers who had informed about the fraud to agencies and that she had not been named in the First Information Report by the police. Bombay high court has already protected the other whistleblower, Abhishek Gupta, a ch...