In a significant ruling underscoring the growing menace of cybercrime, the Delhi High Court has refused to grant bail to two accused in an alleged online investment scam, observing that courts cannot ignore the alarming rise in financial and cyber frauds across the country.
Justice Ajay Digpaul, while rejecting the bail pleas of Paramjit Kharb and Ram Kumar Raman, said such crimes are “not confined by geographical boundaries” and can be executed remotely from any part of India, often leaving victims scattered across multiple jurisdictions.
The Case: Online Investment Scam via WhatsApp and Telegram
The accused were arrested in a case registered by the Special Cell’s IFSO (Intelligence Fusion and Strategic Operations) Unit of Delhi Police in 2024 under charges of cheating, criminal conspiracy, and offences under the IT Act.
According to the prosecution, on January 17, 2024, the IFSO unit received several complaints from individuals who were allegedly defrauded through fake online investment groups operated on WhatsApp and Telegram under the name “CHCSES”.
Victims claimed they were lured into investing in fake trading platforms and apps, transferring substantial sums of money, after which the accused cut all communication, stopped responding to calls, and blocked their access to the groups and apps.
Court: Cybercrimes Are Technologically Complex and Cross-Border
Taking note of the seriousness of the allegations and the organized manner in which the offence was carried out, the court observed that the case involves a larger conspiracy that is still under investigation.
“Crimes like these demand greater judicial caution,” Justice Digpaul remarked. “Granting bail at this stage could weaken the deterrence against cross-border and technologically sophisticated crimes.”
Broader Warning on Cyber Fraud
The High Court emphasized that cyber and financial crimes are spreading at an alarming rate, and any leniency in dealing with such offences could embolden perpetrators and undermine public trust in digital systems.
With India witnessing a surge in online scams — from trading apps to fraudulent investment groups — the judgment sends a strong message of zero tolerance for such digital frauds.
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