Guwahati, Sep 7 (IANS) Assam Police on Saturday arrested another person from Jorhat district’s Titabor area for his alleged involvement in the Rs 2,200 crore online trading scam that has shocked the state, officials said on Saturday.
The arrested person has been identified as Abinash Pardhiya who was taken into custody from Borhola locality in Titabor town.
Police said that the accused person was at his residence when he was arrested on Saturday morning.
A senior police officer said that Pardhiya runs a tuition centre from his residence and he was running the online trading scam under the banner of Good Luck Tutor Centre Private Limited there.
Police claimed that he has collectively duped people of lakhs of rupees on the pretext of giving them higher returns through online trading.
Police earlier arrested 38 people across the state in connection with the online trading scam.
Two prime accused — Bishal Phukan and Swapnanil Das were arrested initially and both of them were sent to seven days’ police custody by the court.
Police have apprehensions that Das and Phukan’s network duped a lot of people through online trading and the total amount that was scammed amounts to Rs 2,200 crore.
According to police, Phukan used his lavish lifestyle to entice people and assured his investors of a 30 per cent return on their money within 60 days.
In addition to investing in Assamese cinema, he had established four fictitious businesses and bought other houses.
The police conducted a raid at his residence in Dibrugarh and seized documents linked to the multi-crore scam.
Meanwhile, police are looking for Assamese choreographer and actress Sumi Borah, who is also reportedly connected to Phukan’s network.
It has been alleged that Phukan spent crores of rupees at Sumi Borah’s wedding in Rajasthan’s Udaipur.
The husband of the actress has also come under the scanner of the police and he is also on the run along with Borah.
–IANS
tdr/rad
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
