Staff Reporter
GUWAHATI: The Central Bureau of Investigation (CBI) filed the final charge sheet before the Special CBI Court, Guwahati today against an accused, Gopal Paul, the mastermind behind the M/s. AJRS Ponzi scam in Assam.
The charge sheet has been submitted within 90 days of the arrest of the accused, who is currently in judicial custody.
The CBI registered the case on October 14, 2024, following a request from the Government of Assam. CBI took over the case from Dispur Police Station, Guwahati, where it was initially registered on August 12, 2024, against M/s. AJRS Marketing Pvt. Ltd. Director Gopal Paul. The complaint alleged that the company engaged in illegal trading activities without requisite approvals from the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India.
The CBI claimed that its investigation has established that Gopal Paul, in collusion with co-accused Biswanath Roy, Mridul Dutta, and others, orchestrated a Ponzi scheme to fraudulently collect funds from investors. Under the guise of legitimate business operations, multiple firms were floated, including M/s. AJRS Marketing Pvt. Ltd., M/s. AJRS Management Securities (OPC) Pvt. Ltd., and GSPAUL Marketing LLP, the investigation agency said.
The total amount misappropriated by accused Gopal Paul and his associates has been estimated at approximately Rs 5.14 crore, the CBI said.
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