In a major cybercrime breakthrough, Guwahati police arrested Rabiul Chand, 31, for allegedly orchestrating an elaborate online investment scam that swindled a local businessman out of Rs1.69 crore.
The accused, son of Bakher Ali Shaikh, is a native of Murshidabad, West Bengal, but had been operating from Katiya Dolong in North Jalukbari, under Jalukbari Police Station, Kamrup (Metro), Assam.
According to cybercrime officials, Rabiul Chand lured the victim with promises of high returns from fake trading and investment schemes hosted through fraudulent platforms. After the businessman invested a massive sum of Rs1.69 crore, Chand vanished without a trace, leading the victim to file a formal police complaint.
Based on technical surveillance and financial tracking, the Cybercrime Unit arrested the accused from Jalukbari. Officials have launched a broader investigation to trace other potential victims and collaborators involved in this fraudulent network.
