BIEO arrested two fraudsters duping many in Guwahati

STAFF REPORTER

GUWAHATI: In yet another breakthrough, the Bureau Of Investigation Economic Offences (BIEO) has arrested two persons namely Ranjan Aich of Tangla and Ranjit Hazarika of Majuli, in connection with duping several innocent persons across the State of Assam of money to the tune of several lakhs of rupees in connivance with the Directors of a Company named Quantone Traders Pvt LTD.

The victims were lured to the office of the Company at Bora Service and made to enter into a void agreement of sub distributorship of ATM swipe machines. The victims were assured of huge profits by smart talk and use of leaflets carrying pictures of the Prime Minister and other VVIPs and made to hand over their hard-earned money to the company for the purchase of so-called ATM swipe machines. For each swipe, a customer makes an amount of Rs 1 to 5 which was supposed to enter into their bank accounts. Months elapsed but no money entered into the accounts neither any delivery of ATM swipe machines for marketing was done. The people who invested their money started demanding it back. At that point, the Directors fled closing their office. It may be noted that most of the victims belong to small towns and far-flung areas of Assam. The persons arrested in connection with BIEO PS Case no 15/19 and booked under section 120(b)/420/406 IPC R/W sec 4/5/6 of PC&MCS (b) Act & section 5 APID Act.

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