Mumbai Sessions Court Denies Bail To 23-Year-Old Jharkhand Man In ₹47.78 Lakh Credit Card Fraud Case
Mumbai, September 16, 2026: The sessions court refused to grant bail to 23-year-old Izhar Ansari from Deoghar, Jharkhand, arrested after siphoning Rs 47.78 lakhs by changing the credentials of a credit card. The accused ordered various things from an online platform, including two expensive mobile handsets, using the complainant's credit card. Court Flags Cyber Fraud Challenge "This is a kind of…
On September 16, 2026, Mumbai's sessions court denied bail to 23-year-old Izhar Ansari from Jharkhand, accused of a ₹47.78 lakh credit card fraud. The accused allegedly used the complainant's credit card credentials to make purchases, including two expensive mobile phones, on an online platform. The case was filed by Najeeb Kadar, director of Liberty Oil Mills Limited, who reported the fraud after discovering suspicious transactions on his credit card.
The court noted the challenges in investigating cyber fraud, particularly in identifying the perpetrators. Prosecutors argued that Ansari was the beneficiary of the fraud, while Ansari's defense claimed he had no involvement and was being scapegoated by a fraudulent employee. The court accepted this argument, stating that Ansari was indeed the beneficiary of the fraudulent transactions.
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