A North Lakhimpur-based businessman, Rahman Ali, has been arrested by the Sangram Police in Arunachal Pradesh’s Kurung Kumey district for allegedly defrauding locals in a fake investment scheme that totaled a loss of approximately Rs 35 lakh.
Ali, who had been running a business in Sangram for nearly nine years, began his fraudulent activities when he borrowed Rs 2.6 lakh from a local resident, Tai Taba, on June 25, 2023, under a written agreement. Over time, Ali convinced Taba and several others to invest additional amounts, promising them high returns.
However, things took a dramatic turn on February 24, 2025, when Ali suddenly fled Sangram, taking his family and relatives with him and leaving the defrauded investors in a panic. As a result, a criminal case was filed at the Sangram Police Station (Case No. 03/25) under Section 420 of the Indian Penal Code (IPC) for cheating and dishonest inducement.
The police launched an investigation, and after months of inquiry, a coordinated raid was conducted. Ali was arrested on May 8, 2025, from Mayong, in Assam’s Morigaon district, with the operation led by ASI Shanti Paleng, assisted by HC(SG) Tenjing Norbu and Constable Yomli Ninu.
Ali is now in police custody, and authorities are working to recover the defrauded money and uncover any other potential victims or accomplices involved in the scheme. Investigators have urged anyone else who has been affected by this scam to come forward and share relevant information.
