<h1>Corporate CEO Denied Bail in Major Financial Fraud Probe, Custodial Investigation Deemed Critical to Uncovering Full Extent of Alleged Misconduct</h1> A court dismissed the pre-arrest bail plea of a former healthcare company CEO in an economic fraud case. The court noted startling initial investigation findings revealing potential massive financial misconduct, including alleged siphoning of shareholders' money through false accounting entries. The judge determined custodial interrogation was necessary to uncover the full conspiracy and money trail, rejecting arguments that the allegations were baseless.