In a major breakthrough, Sribhumi Police brought Md Shakir and his brother Md Jabir, the masterminds behind an online trading scam worth at least Rs100 crore, to Badarpur after their arrest in West Bengal. The siblings were apprehended on March 25 in Kolkata by the police in collaboration with the Central Bureau of Investigation (CBI).
Shakir, the alleged mastermind of the scam, had been running an online trading operation from Badarpur with his brother Jabir, promising high returns to thousands of investors. However, after defrauding the investors of crores of rupees, the duo disappeared, leaving a trail of victims behind. A lookout notice had been issued for their arrest on September 10 last year, and a CBI case was filed against Shakir.
The Sribhumi Police confirmed the siblings’ arrest yesterday, stating that they had successfully traced the fraudsters to Mukundapur under the Purva Jadavpur Police Station in Kolkata. Today, they were brought back to Badarpur for further interrogation. The authorities are now focused on investigating the whereabouts of the defrauded money and identifying any additional associates involved in the scam.
The arrest marks a significant step toward holding accountable those behind this extensive online fraud and ensuring that the victims of the scam are compensated.
