Court Grants Bail to Accused in ₹58.13 Crore Digital Fraud Case Due to Insufficient Evidence
₹58-cr digital arrest fraud accused gets bail due to lack of evidence
Hindustan Times
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Bipingiri Rameshgiri Goswami, accused in a ₹58.13 crore digital fraud case, was granted bail by a Mumbai court due to the prosecution's failure to provide independent evidence. The case involves a businessman coerced into transferring funds under the threat of arrest by fraudsters impersonating officials.
- 01Bail granted due to lack of independent evidence against Goswami.
- 02The fraud involved impersonation of officials from TRAI, CBI, and cyber crime department.
- 03The victim transferred ₹58.13 crore over several weeks fearing arrest.
- 04At least ₹15.25 crore was routed through a bank account linked to a Gujarat entity.
- 05The court applied the rule of parity, granting Goswami bail similar to another accused.
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In a significant ruling, the sessions court in Mumbai granted bail to Bipingiri Rameshgiri Goswami, an accused in a ₹58.13 crore digital fraud case, citing the prosecution's failure to present independent evidence. The case, initiated by a complaint in October 2025, involves a businessman who was coerced into transferring funds after being threatened with arrest by fraudsters impersonating officials from the Telecom Regulatory Authority of India (TRAI), Central Bureau of Investigation (CBI), and the cyber crime department. The victim, fearing for his safety, transferred the funds over several weeks. Investigators described the operation as a large-scale cyber fraud involving a network of impersonators and financial conduits. The court noted that the prosecution's case relied solely on a statement from a co-accused, lacking supporting evidence. As another accused had already been granted bail, the court applied the rule of parity and set Goswami's bail at a personal bond of ₹50,000 with sureties.
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This ruling highlights the challenges in prosecuting cyber fraud cases, emphasizing the need for substantial evidence to secure convictions.
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