Guwahati: Assam Police has arrested two prime accused in a Rs 400 crore online trading scam that defrauded numerous individuals in Barak Valley.
Assam police, with the help of West Bengal police, nabbed Mohammad Shakir Ahmed from Mukundapur in Kolkata, along with his brother, Mohammad Jabir, by a special task force from Badarpur police.
The arrests followed a tip-off and a formal complaint filed at Sribhumi Police Station (Case No. 543/2024), where Ahmed is believed to have initiated the fraudulent scheme. They were brought to Sribhumi for interrogation at the Superintendent of Police’s office.
Investigations reveal that Ahmed and his network enticed investors across Barak Valley with promises of lucrative online trading returns.
After collecting substantial sums, they went into hiding. Ahmed allegedly used the embezzled funds to finance a lavish lifestyle, including the purchase of high-end luxury vehicles, such as Range Rovers, valued at Rs 60-70 lakh.
Another accused, Rajdeep Deb, has been implicated in the scam and is currently absconding. Reports indicate that Deb also lived extravagantly and established an elaborate online trading office within his Maizdihi, Sribhumi residence. Police are actively pursuing Deb and other potential accomplices.
Despite significant financial losses, many victims have not yet filed official complaints. The police investigation is ongoing to uncover the full extent of the scam and recover the defrauded funds.
