https://www.taxtmi.com/caselaws?id=760806 Chhattisgarh HC rejected regular bail application in money laundering case involving proceeds of crime from illegal online betting through Mahadev Book App. Court held prima facie evidence established applicant's involvement at highest level of Sky Exchange betting website through digital records and Section 50 PMLA statements. Despite applicant's denial, court found sufficient material showing mens rea for money laundering offense. Considering organized crime nature and Section 45 PMLA provisions, court determined reasonable grounds existed for believing applicant's involvement and likelihood of committing further offenses while on bail, warranting rejection. en-us Fri, 04 Oct 2024 00:00:00 +0530 Sat, 26 Oct 2024 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760806 Chhattisgarh HC rejected regular bail application in money laundering case involving proceeds of crime from illegal online betting through Mahadev Book App. Court held prima facie evidence established applicant's involvement at highest level of Sky Exchange betting website through digital records and Section 50 PMLA statements. Despite applicant's denial, court found sufficient material showing mens rea for money laundering offense. Considering organized crime nature and Section 45 PMLA provisions, court determined reasonable grounds existed for believing applicant's involvement and likelihood of committing further offenses while on bail, warranting rejection. Case-Laws Money Laundering Fri, 04 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760806