Srinagar, May 21 -- The accused persons-Rumaisa Jan, his father Ghulam Nabi Shah and brother Shahnawaz Ahmad Shah, residents of Kangan Ganderbal and Aamir Bashir Magray of Bonizal Haripora Kangan Ganderbal had filed the bail plea, contending that they have not done any offence and their reputation will be maligned as they all belong to the same family.

On the other hand, prosecution said that poor and innocent individuals were dishonestly induced to invest their money with false promises of high returns, including claims of doubling their investments. The accused, by running an organized online scheme, collected crores of rupees in their bank accounts and subsequently withdrew the entire amount, the prosecution said.

While the organized...