Guwahati: The CBI on Friday filed a charge sheet against one Ranjit Kakoty before the special CBI court in Guwahati in a Rs 260 crore investment fraud case affecting around 1.5 crore investors. This comes a day after the CBI filed a chargesheet against three key accused in another investment scam case.
This case was initially registered at Dibrugarh Police Station. The case against Bishal Phukan, Sumi Bora and Tarkik Bora, where the case was filed on November 23, was also registered at the same police station.
These cases are among the 41 cases of multi-crore investment scams in the name of online trading that are being looked into by the agency after it took charge at the request of the state government. The CBI has indicated that despite the complexity of the investigation, it has successfully completed its investigation against accused Ranjit Kakoty within 90 days of his arrest, culminating in the filing of this charge sheet.
During the investigation, the agency used sophisticated forensic tools to identify most of the investors who were victims of the fraudulent scheme orchestrated by the accused through the online platform “TradingFx”. “Kakoty and his co-conspirators defrauded investors through misleading plan documents, false assurances and other fraudulent practices, later misappropriating their hard-earned money for personal enrichment,” the CBI said in a statement.
The agency indicated that the investigation will continue to identify additional conspirators involved in this extensive fraud and uncover the full scope of the criminal conspiracy. The case against Kakoty was registered based on a complaint accusing him of promising the complainant and other investors triple returns on their investment within 18 months through an investment scheme under the name TradingFX. It was further alleged that the accused subsequently stopped returning the promised funds and did not respond.

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