đšâč2,200 crore âonline tradingâ scam busted in Assam, 38 arrestedđš
The Assam #police have arrested 38 people from different parts of the State in less than a week for their alleged involvement in an #onlinetrading scam believed to be worth at least âč2,200 crore.
The scam, which ran for almost three years, entailed investing money collected from clients in âsharesâ with a promise to double the investment in 60 days.
Some investors claimed they took loans of âč10-15 lakh from banks to invest in the app floated by 22-year-old Bishal Phukan of Dibrugarh and his Guwahati-based associate Swapnanil Das. The online traders initially returned small amounts along with 30â50% interest but stopped after clients, lured by the profit, began investing larger sums. Chief Minister Himanta Biswa Sarma advised people not to fall into traps set by fraudsters when authorised agencies are handling stockbroking through demat accounts. âSo far, 38 people have been arrested, and an investigation is on. People should be wary of fraudsters who trade in stocks, since nobody has a magic wand to offer 25-30% interest,â he told journalists on Wednesday (September 4, 2024).
âIt is not acceptable for somebody to take away your hard-earned money. You must have seen that these fraudsters have a lavish lifestyle.
Police zeroed in on the online scamsters after some investors complained about not being paid for more than a year past the 60-day offer. Phukan and Das also attracted attention after buying up acres of land and high-end cars, apart from posting photos from foreign locales on social media platforms. âPhukan, the kingpin, claimed to be an industrialist while Das identified himself as an entrepreneur. They are in our custody,â a senior police officer said. The police have also launched a search for actor-choreographer Sumi Borah, who is suspected of being involved in the scam. She allegedly received expensive gifts from Bishal. Her extravagant wedding at a Rajasthan resort is also under investigation. #safetrading #ScamAware #scamriskwarning
đš More than 25,000 delegates from 140 countries will #participate in the fourth edition of RE-Invest, a global renewable energy meet and #expo , which will be held at Gandhinagar from Sep 16 to 18 $BTC $SOL
Dow Jones Industrial Average inches toward all-time highs on Friday
đ The Dow Jones Industrial Average rallied for a third straight day on Friday, climbing over 300 points and coming within reach of record highs above 41,500 . According to the CMEâs FedWatch Tool, rate traders are pricing in a 45% chance of an initial 50 bps rate cut from the Federal Reserve (Fed) The Fed will make its decision on September 18 .
$VOXEL Quick Scalp Completed 0.5 to 0.7 with small stoploss.some token hold for Long. $VOXEL
LIVE
SAHADEV07
--
Bullish
SAME Question reminder : is voxel ever hit $1? who are strong buyer enter in #voxel ? it is a trap? now #VOXEL take support on 0.5 level but not strong buying appear. #BinanceBlockchainWeek $VOXEL