Assam Police: 59 arrests in state-wide raid on unregulated warehouses

Guwahati City: He Assam Police have constituted 14 Special Investigation Teams (SITs) to conduct thorough investigations into cases related to the Unregulated Depository Schemes Act, according to Assam Director General of Police (DGP) GP Singh.

These SITs will report to a monitoring and oversight group based on the Assam The CID headquarters, which is supervised by the Additional Director General of Police (ADGP) and the Inspector General of Police (IGP) of the CID, DGP GP Singh said that the police drive against unregulated deposit schemes has covered 14 districts, resulting in the registration of 28 cases and arrest of 59 persons.

“Furthermore, 22 Look Out Circulars (LOCs) have been issued to persons who have not cooperated with investigations despite being served notices. The cases have been registered under the Prohibition of Unregulated Depository Schemes Act, 2019 and relevant sections of the Bhartiya Nyaya Samhita,” it said.

On Saturday, Assam Chief Minister Himanta Biswa Sarma He said no one can avoid the police indefinitely.

In a related development, the CID team arrested two persons in connection with an investment fraud case involving the YBY app. The case, registered as CID Cyber ​​PS Case No. 12/24 under Sections 111(2)(b), 318(4), 316(2) and 316(5) of the Bhartiya Nyaya Samhita, read with Section 66 of the Information Technology Act, relates to a large-scale investment scam.

The arrested persons were identified as Aniram Basumatary (38) and Mithinga Narzary (48), both residents of Gohpur in Biswanath district, officials said.

 

(With contributions from ANI)

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