Crackdown on Assam's Online Stock Trading Scam: CBI Steps In
The CBI has taken over 41 cases related to an online stock trading scam in Assam. The scheme allegedly defrauded investors of crores of rupees. The state government, led by Chief Minister Himanta Biswa Sarma, is supporting the investigation. Several arrests have been made, including local influencers.
- Country:
- India
The Central Bureau of Investigation (CBI) has officially taken control of a significant online stock trading scam that spans 41 registered cases across Assam. This move comes following a request from Assam Chief Minister Himanta Biswa Sarma to ensure a fair investigation.
The scam surfaced in late August when it was discovered that Deepankar Barman's investment firm failed to provide promised returns, leaving many investors defrauded and Barman on the run. The state government in September had already decided to refer 32 cases to the CBI for a thorough probe.
The investigation has seen over 65 arrests, including Assamese celebrities, under the Banning of Unregulated Deposit Schemes Act, 2019. Several young entrepreneurs are allegedly involved in raising large sums under false pretenses.
(With inputs from agencies.)
ALSO READ
Bengaluru's Drug Crackdown: 67 Arrests and a Zero Tolerance Strategy
Diplomatic Tensions Rise Over Drug Kingpin Arrests
Akola Violence: Arrests Made Amidst Social Media Rumor Appeal
NIA Arrests Key Figure in Tamil Nadu Secessionism Case
String of Arrests: Pakistani Nationals Found with Fake Documents in India
Google News