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regular-article-logo Thursday, 03 October 2024

Bihar police arrest Rs 2,200 crore online stock trading scam accused Amlan Borah of Assam

The group involved in the scam lured people with their lavish lifestyle and by promising them 30 per cent return on their investment within 60 days by trading in shares

Dev Raj Patna Published 13.09.24, 07:24 AM
Assamese actor Sumi Borah being produced before a court in Dibrugarh on Thursday.

Assamese actor Sumi Borah being produced before a court in Dibrugarh on Thursday. PTI

Bihar police arrested 2,200 crore online stock trading scam accused Amlan Borah of Assam from Muzaffarpur city, around 90km from the state capital. He was trying to flee to Nepal.

Amlan, one of the main accused in the scam, was nabbed from the inter-state bus stand in the city. He was handed over to the Assam police, which took him back to Guwahati on Wednesday night.

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“We nabbed the accused on the request of the Assam police and the inputs provided by them. They had given his mobile number and the area where he was moving around. We conducted an operation, which lasted for around three hours and resulted in his arrest,” a senior police official based in Muzaffarpur police told The Telegraph.

“The accused was trying to escape to Nepal. He had booked a ticket as one Ritesh in a private bus. We handed him over to a team from the Assam Police who had rushed here. They took him back on Wednesday night.

“A few other people involved in the scam are already suspected to have fled to the neighbouring country,” the official added.

Amlan’s brother Tarkik Borah and sister-in-law, Assamese actor Sumi Borah, are also among the accused in the scam case.

The Assam police busted the online stock trading scam earlier this month and arrested the main accused Bishal Phukan and Swapnil Das. Several others were apprehended later on.

The group involved in the scam lured people with their lavish lifestyle and by promising them 30 per cent return on their investment within 60 days by trading in shares.

The scam was run like a ponzi scheme and the group involved in it cheated around 1,500 people of their investments worth at least 2,200 crore.

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