CBI arrests absconding accused in online trading fraud scam

Guwahati, Dec 4: The Central Bureau of Investigation (CBI) has apprehended Mintu Das, also known as Rohit Chandra Das, the alleged mastermind behind a massive online trading fraud scam. The arrest was made on Tuesday in New Delhi, marking a significant development in the case.

Mintu Das, proprietor of the Indian Institute of Banking & Information Technology (IIBIT) in Guwahati, had been absconding since January. His arrest follows an FIR registered on September 4 under multiple sections of the Indian Penal Code (IPC) and the Banning of Unregulated Deposit Schemes Act, 2019.

Mintu Das lured victims into investing substantial sums through advertisements in newspapers, promising high dividends from risk-free stock market investments.

Initially, minimal dividends were paid to gain investors’ trust, but payments ceased soon after, with no returns on the principal amounts.

An FIR (No. 130/2024) was initially filed at Bhangagarh Police Station and later transferred to the CBI, which re-registered the case as RC-15/24, EO-III on October 14. The scam affected investors across Assam and other states.

Investigation revealed Das had no intention of honouring his commitments and even threatened complainants seeking legal remedies.

CBI investigators relied on digital evidence and inputs from reliable sources to track Mintu Das’s movements, leading to his arrest in New Delhi. He is currently being brought to Assam on transit remand and will be produced before a competent court.

The FIR includes charges under 120B (criminal conspiracy), 406 (criminal breach of trust), 420 (cheating) of IPC and reads with Sections 21(1), 21(2), 21(3), and 23 of Banning of Unregulated Deposit Schemes Act, 2019. Mintu Das is being brought to Guwahati city.

Hot this week

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Nothing wrong in asking for smaller states, says Hek

Shillong, Apr 2: Cabinet minister AL Hek supported Purno...

Simultaneous polls to reduce expenses: Hek

Shillong, Apr 2: BJP leader and cabinet minister AL...

Hek slams Yunus for remark on NE

Shillong, Apr 2: Bangladesh interim government chief adviser Muhammad...

Assam to hold two-phased panchayat elections on May 2 and 7; results on May 11

Guwahati, April 2: The panchayat elections in Assam will...

Williamnagar youth’s body exhumed after two years for fresh probe

Williamnagar, April 2: The body of a 22 year...

New committee on Garo culture and heritage preservation constituted

Tura, April 2: The Governor of Meghalaya has today...

THE EXTERMINATION OF EDUCATIONAL SKILLS

By Dilip Mukerjea, Author and Innovative Learning Skills Specialist
spot_img

Related Articles

Popular Categories

spot_imgspot_img