Nagaon’s Devastating Online Trading Scam Unravels: Investors Demand Justice

A significant and distressing incident has unfolded in Nagaon, Assam, where an alleged online trading scam has left hundreds of investors in a state of turmoil. The fraud, involving a company named Bulls Eyes, has reportedly siphoned off crores of rupees from unsuspecting individuals who were promised exorbitant returns on their investments. This unfolding scandal has ignited public outrage, culminating in a dramatic confrontation as investors demand justice and the return of their hard-earned money.

Nagaon’s Devastating Online Trading Scam Unravels Amidst Investor Uproar

The tranquility of Nagaon was shattered recently as a massive online trading scam came to light, prompting hundreds of aggrieved investors to take to the streets. These individuals, many of whom have lost substantial life savings, gathered in a furious display of protest, demanding accountability from those allegedly responsible for orchestrating the elaborate fraud.

The Genesis of the Online Trading Scam The alleged online trading scam centered around a company known as Bulls Eyes. Investors were lured by the promise of high returns, a common tactic employed in such schemes to attract large sums of money. Many individuals, hoping to grow their wealth, invested anywhere between Rs 10 lakh and Rs 50 lakh, unaware of the impending deception.

Sunday’s Ruckus: Investors Confront Accused On a recent Sunday, the simmering frustration boiled over.

• Assembly Point: Hundreds of investors first convened at Nagaon Nehrubali field, their unity a testament to the widespread impact of the online trading scam.
• Confrontation at Accused’s Residence: From the field, the enraged crowd marched directly to the residence of Kashyap Phukan, identified as one of the primary accused in the Bulls Eyes online trading scam, located in Nagaon Morikolong.
• Demands for Repayment: Upon reaching Phukan’s home, the investors created a significant disturbance, their collective voice rising in a demand for the immediate return of their invested funds.
• Police Intervention: The escalating tension necessitated police intervention to de-escalate the volatile situation and prevent further unrest.

Custody and Ongoing Investigation into the Online Trading Scam Law enforcement officials swiftly took action to manage the situation and advance the investigation into the online trading scam.

• Kashyap Phukan Taken into Custody: Kashyap Phukan was taken into custody by the police and transported to the Nagaon police station. This move aimed to restore law and order and facilitate questioning.
• Investors Follow to Police Station: Undeterred, the investors followed the police convoy to the station, maintaining their pressure and continuing to demand swift action against Phukan and another key accused, Anirban Deori.
• Registered Cases: Cases related to the online trading scam have already been registered against the accused at both the Nagaon police station and the CID (Criminal Investigation Department), indicating the serious nature of the allegations.
• Official Statements: Additional Superintendent of Police (Crime), Jayanta Baruah, confirmed that Phukan’s custody was essential for maintaining public order and aiding the ongoing investigation into the multi-crore rupee online trading scam.

The Hunt for Anirban Deori and Public Demands While Kashyap Phukan is now in custody, another pivotal figure in the online trading scam, Anirban Deori, remains at large.

• Unapprehended Accused: The investors are vehemently demanding the immediate apprehension of Anirban Deori, emphasizing that his capture is crucial for the full recovery of their invested amounts.
• Call for Thorough Investigation: The people of Nagaon are collectively demanding a thorough and comprehensive investigation into the Bulls Eyes online trading scam, highlighting the significant financial losses incurred by many. The sheer scale of individual investments, ranging from Rs 10 lakh to Rs 50 lakh, underscores the devastating impact on families and individuals.

The unfolding Nagaon online trading scam serves as a stark reminder of the risks associated with unregulated financial schemes. As the police investigation progresses, the affected investors continue their fight for justice, hoping to recover the money that was so cruelly taken from them. The community awaits a definitive resolution and strong deterrent action to prevent such fraudulent activities in the future.