The Central Bureau of Investigation (CBI) has filed a chargesheet against Ranjit Kakoty, an accused in the Dibrugarh Investment Scam involving the online platform TradingFX. The case, which is part of the broader Assam Investment Scam investigation, concerns the misappropriation of ₹260 crore, impacting nearly 1.5 lakh investors. The chargesheet was submitted to the Special CBI Court in Guwahati within 90 days of Kakoty’s arrest.
CBI investigators used advanced forensic tools to identify the victims of the fraudulent scheme. According to the chargesheet, Kakoty and his associates lured investors through false promises and deceptive investment plans. They then diverted the collected funds for personal enrichment. The investigation is ongoing, with efforts underway to trace additional conspirators and uncover the full scope of the conspiracy.
The TradingFX case is one of 41 Assam Investment Scam cases transferred to the CBI at the Assam government’s request. Initially registered at Dibrugarh Police Station, the case arose from complaints alleging that Kakoty had promised investors a threefold return on investments within 18 months. However, the promised returns were never delivered, and Kakoty became unresponsive.
Since assuming responsibility for these cases, the CBI has intensified its investigation. Searches conducted at 93 locations across five states and union territories have led to the seizure of electronic devices, including mobile phones, desktops, and laptops. Investigators have also recovered databases detailing the identities of deceived depositors.
The CBI has made progress in other Assam Investment Scam cases as well. In one instance, the agency filed chargesheets against four individuals—Bishal Phukan, Abhijit Chanda, Sumi Bora, and Tapon alias Tarkik Bora—in connection with an illegal deposit scheme promising 30% returns. Substantial evidence, including falsified investment documents and notarised stamp papers, was uncovered during the probe.
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Another significant case involved Monalisa Das, who was charged on 18 November 2024 in relation to financial fraud orchestrated by D.B. Stock Consultancy. Her bail application was subsequently rejected, and she remains in judicial custody. The organisation, led by Das and co-accused Deepankar Barman, allegedly defrauded numerous investors across India.
In a separate case linked to AJRS Marketing Pvt. Ltd., the CBI apprehended Gopal Paul, the main accused, from a hideout in Siliguri. Investigators recovered incriminating evidence during his arrest.
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