GUWAHATI, Feb 7: The Central Bureau of Investigation (CBI) arrested three persons in connection with a chit-fund scam in Tripura.
The arrested trio – Minnatullah Barbhuiya, Kamrul Islam Barbhuiya (both Directors of Kama (Indian) Projects and Services Ltd), and Imdadullah Barbhuiya – was apprehended from Hyderabad, Hojai (Assam), and Vellore (Tamil Nadu) respectively during separate operations.
The case, initially registered by the local police, was taken over by the CBI following directives from the Tripura and Central governments.
The accused, who were on the run until their arrests, were involved in collecting huge sums from people, promising lucrative returns without any authorisation from SEBI, RBI, or other regulatory bodies.
Instead of investing the collected money, they misappropriated the entire amount, defrauding the investors.
During the investigation, it was found that the accused had been evading authorities for a long time. Consequently, the Special CBI Court in Agartala issued Non-Bailable Warrants (NBWs) against them. On 6 February 2025, after thorough tracking, the CBI successfully arrested them.
They will be produced before the competent court for further legal proceedings.
This arrest marks a significant step in cracking down on financial fraud, ensuring justice for the victims of the scam.
(With inputs from Northeast Live TV)
