Massive Indian rupee 2200 crore online trading fraud unravelled in India; renowned actress Sumi Borah and Tarkik Borah have been arrested by Assam Police from Muzzafarbad, Uttar Pradesh.
In a crackdown, Indian authorities have uncovered a fraudulent scheme amounting to 2200 crores through an unregistered online trading app reminiscent of the infamous Double Shah scam. This discovery has led to the arrest of famed actress and choreographer Sumi Bora and her husband, Tarkak Bora, in Assam.
The police investigation revealed that the couple allegedly operated an online stock trading platform without authorization from the Securities and Exchange Board of India (SEBI), which constitutes a legal violation. Preliminary findings suggest that this platform duped thousands of users, culminating in substantial financial fraud.
Further, the authorities have indicated potential forgery involving other artists within the showbiz industry connected to the accused. The investigation remains active, and there are indications that additional arrests may be forthcoming.
Contrary to the charges, Sumi Bora has publicly refuted the allegations, asserting her innocence and decrying what she perceives as a prejudicial media trial against her. The case continues to develop as more details emerge from the ongoing investigation.
