{"id":126891,"date":"2024-09-04T20:40:38","date_gmt":"2024-09-04T15:10:38","guid":{"rendered":"https:\/\/assamtimespost.in\/?p=126891"},"modified":"2024-09-04T20:40:38","modified_gmt":"2024-09-04T15:10:38","slug":"shocking-multi-crore-online-trading-scam-38-arrested-cm-issues-strong-warning-against-deceptive-schemes","status":"publish","type":"post","link":"https:\/\/assamtimespost.in\/?p=126891","title":{"rendered":"Shocking Multi-Crore Online Trading Scam: 38 Arrested, CM Issues Strong Warning Against Deceptive Schemes"},"content":{"rendered":"

\"\"<\/p>\n

I<\/span>n a significant crackdown, Assam Police<\/a> have arrested 38 individuals linked to a multi-crore online trading scam that promised unrealistic returns to unsuspecting investors. This fraudulent scheme has shaken the state administration, prompting Chief Minister Himanta Biswa Sarma to caution the public against such scams. “There is no authentic way to double or triple your overnight investment,” warned CM Sarma as he urged citizens to exercise caution.<\/span><\/h4>\n
\"Shocking<\/a>
Shocking Multi-Crore Online Trading Scam: 38 Arrested, CM Issues Strong Warning Against Deceptive Schemes<\/figcaption><\/figure>\n

The scam came to light following the arrests of Bishal Phukan, 22, from Dibrugarh, and Swapnanil Das from Guwahati. These key figures reportedly orchestrated a massive financial fraud, embezzling Rs 2,200 crore from investors statewide. Phukan allegedly used the ill-gotten gains to purchase luxury cars and real estate and even established Percelia Pharmaceutical.<\/span><\/p>\n

Phukan\u2019s accomplice, Swapnanil Das, hailing from Sibsagar, was nabbed in Guwahati. Posing as a successful entrepreneur, Das served as the CEO of “Trader,” the online platform used to deceive people into investing their savings. It has emerged that Das was also running a trading institute in Guwahati, duplicitously teaching young individuals while planning to defraud them.<\/span><\/p>\n

The repercussions of this scam have cast a shadow over Assam\u2019s burgeoning entrepreneurial spirit, revealing how unregulated online trading platforms exploit vulnerable individuals. As the investigation deepens, Assam Police have expanded their probe, with an Assamese actress and her husband now under scrutiny for possible involvement.<\/span><\/p>\n

Chief Minister Sarma\u2019s call for vigilance underscores the heightened concern these fraudulent schemes have aroused. He advised, “Though the temptation of fast profits could be huge, the reality is grimmer. Investors should be cautious and not fall into the trap of online trading scams.”<\/span><\/p>\n

This incident serves as a stark reminder for investors to remain vigilant and sceptical of get-rich-quick schemes that operate in defiance of SEBI and RBI regulations, safeguarding their hard-earned money from unscrupulous operators.<\/span><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

In a significant crackdown, Assam Police have arrested 38 individuals linked to a multi-crore online trading scam that promised unrealistic returns to unsuspecting investors. This fraudulent scheme has shaken the state administration, prompting Chief Minister Himanta Biswa Sarma to caution the public against such scams. “There is no authentic way to double or triple your […]<\/p>\n","protected":false},"author":1,"featured_media":126892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"News Desk :"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[200],"tags":[30533,618,451,30540,30530,19614,9357,30545,30532,30548,30547,567,30542,30546,30534,30527,30526,30536,30529,30544,30535,10323,30549,30543,30537,30531,30538,30539,30528,30541],"class_list":["post-126891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-assam","tag-200-crore","tag-assam-police","tag-assamese-actress","tag-assams-entrepreneurial-spirit","tag-bishal-phukan","tag-chief-minister-himanta-biswa-sarma","tag-dibrugarh","tag-fast-profits-caution","tag-financial-fraud","tag-fraudulent-schemes","tag-get-rich-quick-schemes","tag-guwahati","tag-investment-vigilance","tag-investor-scepticism","tag-luxury-cars","tag-multi-crore-fraud","tag-online-trading-scam","tag-percelia-pharmaceutical","tag-public-caution","tag-rbi-regulations","tag-real-estate","tag-rs-2","tag-safeguarding-money","tag-sebi-regulations","tag-sibsagar","tag-swapnanil-das","tag-trader-platform","tag-trading-institute","tag-unrealistic-returns","tag-unregulated-online-trading"],"jetpack_publicize_connections":[],"jetpack-related-posts":[{"id":157356,"url":"https:\/\/assamtimespost.in\/?p=157356","url_meta":{"origin":126891,"position":0},"title":"Patharkandi Seizure : Drug Peddler Arrested with Rs 4 Crore Yaba","author":"News Desk","date":"August 24, 2026","format":false,"excerpt":"Police arrested an alleged drug trafficker, identified as Enam Uddin, in Patharkandi and seized Yaba tablets reportedly valued at around Rs 4 crore. Authorities say the arrest took place during a police operation in which a vehicle believed to have been used for transporting the drugs was also recovered. The\u2026","rel":"","context":"In "Assam"","block_context":{"text":"Assam","link":"https:\/\/assamtimespost.in\/?cat=200"},"img":{"alt_text":"","src":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/Drugs-1.avif","width":350,"height":200,"srcset":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/Drugs-1.avif 1x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/Drugs-1.avif 1.5x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/Drugs-1.avif 2x"},"classes":[]},{"id":157675,"url":"https:\/\/assamtimespost.in\/?p=157675","url_meta":{"origin":126891,"position":1},"title":"Assam Rifles Busts Rs 1.87 Cr Heroin Near Myanmar Border in Mizoram","author":"News Desk","date":"August 30, 2026","format":false,"excerpt":"Assam Rifles personnel recovered 250.21 grams of heroin, valued at more than Rs 1.87 crore, during an anti-narcotics operation near the India\u2013Myanmar border in Mizoram\u2019s Champhai district, officials said. Acting on specific intelligence about suspected drug movements, troops laid an ambush along the Tiau River in the Vangkai area of\u2026","rel":"","context":"In "NORTHEAST"","block_context":{"text":"NORTHEAST","link":"https:\/\/assamtimespost.in\/?cat=35"},"img":{"alt_text":"","src":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mizo.avif","width":350,"height":200,"srcset":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mizo.avif 1x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mizo.avif 1.5x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mizo.avif 2x"},"classes":[]},{"id":157418,"url":"https:\/\/assamtimespost.in\/?p=157418","url_meta":{"origin":126891,"position":2},"title":"Assam-Meghalaya Taxi Standoff Finally Resolved \u2014 Tourism Minister","author":"ASSAM TIMES POST","date":"August 25, 2026","format":false,"excerpt":"The prolonged standoff between tourist taxi associations of Meghalaya and Assam \u2014 triggered by road blockades after violence on August 19 \u2014 has been resolved following intervention at the chief ministerial level, Meghalaya Tourism Minister Timothy D. Shira said on August 25. He said the decision, reached after talks between\u2026","rel":"","context":"In "NORTHEAST"","block_context":{"text":"NORTHEAST","link":"https:\/\/assamtimespost.in\/?cat=35"},"img":{"alt_text":"","src":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/39074663_1787663773_202608253918111.avif","width":350,"height":200},"classes":[]},{"id":157662,"url":"https:\/\/assamtimespost.in\/?p=157662","url_meta":{"origin":126891,"position":3},"title":"Assam Police Arrest Four in Meghalaya, Recover Two Stolen Bikes","author":"News Desk","date":"August 29, 2026","format":false,"excerpt":"Assam Police, with assistance from Meghalaya Police, have arrested four men in the Mawsynram area and recovered two motorcycles suspected to have been stolen from Assam and being transported for illegal sale in Bangladesh, police said. The arrests were made during a joint operation by a team from Goreswar Police\u2026","rel":"","context":"In "NORTHEAST"","block_context":{"text":"NORTHEAST","link":"https:\/\/assamtimespost.in\/?cat=35"},"img":{"alt_text":"","src":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mega.avif","width":350,"height":200,"srcset":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mega.avif 1x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mega.avif 1.5x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/mega.avif 2x"},"classes":[]},{"id":157369,"url":"https:\/\/assamtimespost.in\/?p=157369","url_meta":{"origin":126891,"position":4},"title":"Cachar Police (Assam) Seize 34,400 Foreign Cigarette Packs, Arrest Two","author":"News Desk","date":"August 25, 2026","format":false,"excerpt":"Cachar Police seized 34,400 packs of foreign-made cigarettes and arrested two alleged smugglers during an operation near the Balachara toll gate on the Silchar\u2013Haflong National Highway. The haul, recovered from a truck stopped by officers, is believed to have been transported illegally and is said to be worth several lakh\u2026","rel":"","context":"In "Assam"","block_context":{"text":"Assam","link":"https:\/\/assamtimespost.in\/?cat=200"},"img":{"alt_text":"","src":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/cachar.avif","width":350,"height":200,"srcset":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/cachar.avif 1x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/cachar.avif 1.5x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/cachar.avif 2x"},"classes":[]},{"id":157386,"url":"https:\/\/assamtimespost.in\/?p=157386","url_meta":{"origin":126891,"position":5},"title":"Assam police : \u0985\u09ac\u09c8\u09a7 \u0997\u09f0\u09c1 \u09b8\u09f0\u09ac\u09f0\u09be\u09b9\u09f0 \u09ac\u09bf\u09f0\u09c1\u09a6\u09cd\u09a7\u09c7 \u0995\u09a0\u09cb\u09f0 \u0986\u09f0\u0995\u09cd\u09b7\u09c0, \u09a7\u09c1\u09ac\u09c1\u09f0\u09c0\u09a4 \u09e8\u09e6\u099f\u09be \u0997\u09f0\u09c1\u09b8\u09b9 \u09e9 \u099c\u09a8\u0995 \u0997\u09cd\u09f0\u09c7\u09aa\u09cd\u09a4\u09be\u09f0","author":"News Desk","date":"August 25, 2026","format":false,"excerpt":"\u0985\u09ac\u09c8\u09a7 \u0997\u09f0\u09c1 \u09b8\u09f0\u09ac\u09f0\u09be\u09b9\u09f0 (Illegal cow supply) \u09ac\u09bf\u09f0\u09c1\u09a6\u09cd\u09a7\u09c7 \u0985\u09b8\u09ae \u0986\u09f0\u0995\u09cd\u09b7\u09c0\u09f0 \u0985\u09ad\u09bf\u09af\u09be\u09a8 (Assam Police operation) \u0985\u09ac\u09cd\u09af\u09be\u09b9\u09a4 \u0986\u099b\u09c7\u0964 \u0997\u09f0\u09c1\u09f0 \u099a\u09cb\u09f0\u09be\u0982 \u09ac\u09cd\u09af\u09f1\u09b8\u09be\u09df, \u0985\u09ac\u09c8\u09a7 \u09b8\u09f0\u09ac\u09f0\u09be\u09b9 \u0986\u09f0\u09c1 \u0997\u09cb\u09b9\u09a4\u09cd\u09af\u09be\u09f0 \u09ac\u09bf\u09f0\u09c1\u09a6\u09cd\u09a7\u09c7 \u0985\u09b8\u09ae \u0986\u09f0\u0995\u09cd\u09b7\u09c0 \u0985\u09a7\u09bf\u0995 \u09b8\u09b7\u09cd\u099f\u09ae \u09b9\u09c8 \u09aa\u09f0\u09bf\u099b\u09c7\u0964 \u09af\u09be\u09f0 \u09ab\u09b2\u09a4 \u09ac\u09bf\u0997\u09a4 \u0995\u09c7\u0987\u09ac\u09be \u09a6\u09bf\u09a8\u09a4 \u09ad\u09be\u09b2\u09c7\u09b8\u0982\u0996\u09cd\u09af\u0995 \u099a\u09cb\u09f0\u09be\u0982 \u0997\u09f0\u09c1\u09b8\u09b9 \u0995\u09c7\u0987\u09ac\u09be\u099c\u09a8\u09cb \u09b8\u09f0\u09ac\u09f0\u09be\u09b9\u0995\u09be\u09f0\u09c0 \u0997\u09cd\u09f0\u09c7\u09aa\u09cd\u09a4\u09be\u09f0 \u09b9\u09c8\u099b\u09c7\u0964 \u09b6\u09c7\u09b9\u09a4\u09c0\u09df\u09be\u0995\u09c8 \u09a7\u09c1\u09ac\u09c1\u09f0\u09c0\u09a4 \u0985\u09ac\u09c8\u09a7 \u0997\u09f0\u09c1 \u09b8\u09f0\u09ac\u09f0\u09be\u09b9\u09f0 (Illegal cattle supply in\u2026","rel":"","context":"In "Assam"","block_context":{"text":"Assam","link":"https:\/\/assamtimespost.in\/?cat=200"},"img":{"alt_text":"","src":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/dhubri.avif","width":350,"height":200,"srcset":"https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/dhubri.avif 1x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/dhubri.avif 1.5x, https:\/\/assamtimespost.in\/wp-content\/uploads\/2026\/08\/dhubri.avif 2x"},"classes":[]}],"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pb5gAs-x0D","jetpack_sharing_enabled":true,"amp_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/assamtimespost.in\/wp-content\/uploads\/2024\/09\/sentinelassam-english2F2024-09-042Fwd0rmeu12Fhimanta-1200.webp.jpeg?fit=1200%2C665&ssl=1","_links":{"self":[{"href":"https:\/\/assamtimespost.in\/index.php?rest_route=\/wp\/v2\/posts\/126891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assamtimespost.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assamtimespost.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assamtimespost.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assamtimespost.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126891"}],"version-history":[{"count":0,"href":"https:\/\/assamtimespost.in\/index.php?rest_route=\/wp\/v2\/posts\/126891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/assamtimespost.in\/index.php?rest_route=\/wp\/v2\/media\/126892"}],"wp:attachment":[{"href":"https:\/\/assamtimespost.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assamtimespost.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assamtimespost.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}