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<h1>Mother and Son Denied Bail in Rs 400 Crore Fraud Case; Court Stresses Seriousness of Economic Crimes</h1> The Delhi High Court denied anticipatory bail to a mother and son accused of a Rs 400 crore financial fraud, emphasizing the seriousness of such economic offences. The court highlighted the need for sustained custodial interrogation due to the close relationship between the accused, which might hinder the investigation. The fraud allegedly involved siphoning funds from Seagull Maritime Agencies Pvt Ltd to new entities, Azure Freight & Logistics LLP and Azure International LLC, through cross-border transactions. Despite the presumption of innocence, the court prioritized the interests of the complainant and prosecution, rejecting the applicants' claims of being mere signatories.