CBI to Grill Assam Online Trading Scam Mastermind Bishal Phukan and Associates Sumi Bora, Husband Tarkik Bora, 6 Others in Guwahati

The CBI is collecting prominent evidence, and compiling necessary documents, seizure memos, and other relevant materials.

In a significant development, Bishal Phukan, the prime accused in a multi-crore online trading scam in Assam, along with his associates Sumi Bora and her husband, Tarkik Bora, will be presented before a Central Bureau of Investigation (CBI) Special court in Guwahati on October 30.

The trio is said to be behind an online trading investment fraud duping investors across the state of crores of rupees.

The accused are being brought to Guwahati from Dibrugarh jail today by a CBI team.

Six other accused in the online trading scam – Amlan Bora, Abhijit Chanda, Subhanjyoti Kurmi, Chandan Nath, and Ranjit Kakati,
too are set to appear before the CBI’s special court in Guwahati on the same date.

The CBI has been investigating the case since October 13.

The CBI is collecting prominent evidence, and compiling necessary documents, seizure memos, and other relevant materials.

Cases were registered against Bishal Phukan and Ranjit Kakati under numbers 352/24 and 354/24, marking a significant step in the investigation.

A five-member CBI team has been working tirelessly to crack the case, and their efforts have led to this crucial court date.

The accused will face the consequences of their alleged involvement in the online trading scam, and the CBI’s thorough investigation aims to ensure justice is served.

It must be mentioned that the Central Bureau of Investigation (CBI) has officially taken over the probe of 41 cases of the online stock trading scam registered across the state. The fraud is estimated to be worth at least ₹2,200 crore. 

22-year-old Bishal Phukan duped over 200 people in a multi-crore investment scam. Dibrugarh Police arrested Bishal on 3rd September 2024 and after hiding for a week Assamese actor, choreographer and influencer Sumi Borah was also arrested in link to the scam.  

Phukan, operating from Upper Assam, is accused of accumulating several crores of rupees from many people by promising fixed returns of up to 30 per cent or more through investments in the stock market — a practice that the market regulator SEBI (Securities and Exchange Board of India) warns against.

Also read: Is Ponzi Schemes and Online Trading Scams Spilling Over to Nagaland from Assam?

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