CBI Takes Over 41 Online Stock Trading Scam Cases in Assam

Guwahati: In a significant development, the Central Bureau of Investigation (CBI) has officially taken charge of probing the online stock trading scam that has caused widespread concern across Assam. The Government of Assam formally requested the Central Government to hand over all 41 registered cases related to the scam, ensuring a thorough and impartial investigation by India’s premier investigative agency.

The notification, issued by the Ministry of Personnel, Public Grievances, and Pensions, comes as part of an extension of powers granted under the Delhi Special Police Establishment Act, 1946. As per the order, the CBI is now authorized to investigate offenses involving employees of the Central Government, Central Public Sector Undertakings, and private individuals connected to these entities in Assam. However, for cases involving Assam’s state public servants, the CBI will need prior written permission from the State Government before proceeding with any investigation.

The scam, which has reportedly duped hundreds of investors through fraudulent online trading platforms, has caused a major stir, with citizens demanding swift action. The Assam government, in its pursuit of justice, sought the expertise of the CBI, known for its investigative prowess, to ensure that the masterminds behind this scam are brought to justice.

The state government has assured full cooperation with the CBI to expedite the investigation. “We are extending all possible support to ensure that the perpetrators of this scam are held accountable. Our priority is justice for the victims,” Chief Minister Himanta Biswa Sarma said.

The CBI’s involvement is seen as a crucial step in unraveling the complex web of fraudulent transactions and providing relief to those affected. The agency is expected to bring its technical expertise and investigative resources to bear on what is being described as one of the most widespread financial frauds in recent times in the state.

This move also signals a growing trend of states collaborating with central agencies to tackle high-profile cases of financial fraud and corruption. While the CBI has already begun examining the details of the registered cases, investigations are likely to pick up speed in the coming weeks.

Citizens and investors alike are now watching closely as the investigation unfolds, hoping for swift action and recovery of their lost investments. The Assam government’s decision to involve the CBI underscores its commitment to transparency and justice in tackling white-collar crimes that affect the common man.

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