Dibrugarh: Assam police have arrested a 22-year-old man, Bishal Phukan, from Dibrugarh for his alleged involvement in a multi-crore investment scam.
Phukan is accused of defrauding hundreds of people by promising high returns on stock market investments.
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According to police, Phukan lured victims with promises of assured returns and provided notarized documents to lend credibility to his scheme.
He allegedly invested the funds in the equities market for his benefit and registered himself with four companies.
In addition to Phukan’s arrest, police have detained Swapnanil Das from Guwahati in connection with the scam and seized two of his vehicles.
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Assamese actor Sumi Bora under scrutiny
The investigation has also led to the scrutiny of budding Assamese actor and choreographer Sumi Bora. Police believe Bora may have been involved in the scam and benefited from the proceeds of crime.
Reports suggest that Bora received a substantial amount of money and valuable gifts from Phukan, potentially linked to the fraudulent activities.
Bora’s recent destination wedding in Udaipur, which reportedly cost crores of rupees, has further raised suspicions. Police are attempting to question Bora but have been unable to reach her as her mobile phone is currently switched off.