Guwahati, Assam: The Central Bureau of Investigation (CBI) has apprehended Mintu Das, alias Rohit Chandra Das, the proprietor of the Guwahati-based Indian Institute of Banking & Information Technology (IIBIT).
Das is a key suspect in a significant online trading ponzi scam that has defrauded numerous individuals in Assam.
The arrest, which took place in Delhi on Tuesday, follows an extensive investigation launched by the CBI on the request of the Assam government.
The FIR, registered in September 2024, accused Das of enticing victims to invest substantial sums in his scheme, promising lucrative returns from stock market investments.
However, after initial minor payouts, Das allegedly reneged on his promises, defaulting on both dividends and principal amounts. To evade justice, he fled the country in January 2024.
The CBI’s investigation revealed a meticulously crafted scheme where Das used newspaper advertisements to lure unsuspecting investors. Once funds were collected, he allegedly misappropriated them rather than investing them in the stock market as promised.
The agency’s relentless pursuit, aided by digital evidence analysis and intelligence gathering, ultimately led to Das’s arrest. He is currently being transported to Assam on transit remand and will be presented before the appropriate court.
The CBI’s investigation into the matter is ongoing, and further arrests and revelations are anticipated.