GUWAHATI: The CBI has arrested the proprietor of Guwahati-based Indian Institute of Banking & Information Technology (IIBIT) in Assam's online trading Ponzi scam case for allegedly luring people to invest in his scheme.
The CBI said in a statement that Mintu Das, also known as Rohit Chandra Das, was arrested in Delhi on Tuesday during an operation.
An official release states that an FIR was registered under Sections 120B, 406, and 420 of the Indian Penal Code, along with Sections 21(1), 21(2), 21(3), and 23 of the Banning of Unregulated Deposit Schemes Act, 2019, under FIR No. 130/2024 dated September 4.
"The CBI re-registered the case as RC-15/24, EO-III, on October 14 at the request of the Assam Government and initiated an extensive investigation," the release stated.
The FIR asserted that IIBIT's newspaper advertisements lured the victims into investing substantial sums of money. Mintu Das assured the victims that he would place their investments in the stock market, promising substantial dividends.
The investigation claimed that Das issued newspaper advertisements encouraging potential investors to contact him, promising substantial, risk-free returns from stock market investments.
The accused is being taken to Assam on transit remand and will be produced before the competent court.
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