The Times of India

Mumbai court acquits woman in 2007 Rs 2 crore investment fraud; complainant never testified

A Mumbai court has acquitted a woman in a two-decade-old investment fraud case, citing insufficient evidence. The prosecution failed to prove her involvement in a scheme that promised high returns on textile imports. Key weaknesses included the absence of the original complainant's testimony and witnesses confirming financial dealings solely with the main accused, who remains absconding.