Assam Police have made significant progress in dismantling a cryptocurrency scam that defrauded numerous individuals of their hard-earned money. The operation resulted in the arrest of two primary suspects and the seizure of substantial assets.
The investigation began when Jahan Uddin, a resident of Atanagar village in Karimganj, filed a complaint. Uddin had engaged with an agency claiming to offer cryptocurrency investment opportunities but soon discovered it was a fraudulent scheme designed to lure victims with promises of unrealistic returns through fake cryptocurrency applications.
Following Uddin’s First Information Report (FIR), police launched an intensive investigation, leading to the arrests of Sultan Ahmed Choudhury and Mustaquin Ahmed Laskar. Choudhury resides in Lavour Potha village, while Laskar is from Sonai, both in the Cachar district. The arrests were made with the cooperation of Sonai and Kalain Police Stations.
A subsequent raid at Choudhury’s home uncovered approximately Rs. 50 lakh in cash. Authorities also seized several electronic devices, including a laptop and mobile phone, along with a Tata Nexon vehicle, all believed to be connected to the fraudulent activities of the syndicate.
Police are now diligently working to identify additional accomplices involved in the scam, focusing on unraveling the complex web of deceit perpetrated through these fraudulent cryptocurrency applications.
