ACJM Apurba Kumar Ghosh remanded Ghosh in judicial custody till December 13 after rejecting his bail petition.
Ghosh was arrested on November 23 by the Bidhannagar Police on a complaint of alleged non-payment of salaries filed by the general manager of a company Broadcast Worldwide, a Saradha Group media outlet.
Ghosh, the CEO of Saradha Group's media arm, was charged under sections 420 (cheating), 406 (criminal breach of trust) and 120B (conspiracy) of the IPC.
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