Assam CID Cracks Down on Investment Scam, 36 Arrested
- PB Sangbad
- Sep 8, 2024
- 1 min read
The Assam Criminal Investigation Department (CID) has made significant progress in the ongoing investigation into a major investment scam. To date, 36 individuals have been arrested in connection with the fraudulent online schemes.
Key arrests include Bishal Phukan, accused of defrauding investors through promises of high returns, and Sapnanil Das, the proprietor of Trading For A Living (TFAL). Authorities have seized assets, including luxury items and vehicles, from the suspects.
The government has responded by forming a Special Investigation Team (SIT) to dismantle the criminal network and bring the perpetrators to justice. This move comes amid a surge in fraudulent online investment schemes in the state.
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