Assam Trading Case: Actor Sumi Borah and her husband Tarkik Borah, who are accused in the Rs 2,200-crore stocks trading scam in Assam, have surrendered to the police. Before surrendering, Sumi Borah, who is also a choreographer and social media influencer, claimed in a video that she was surrendering after being frustrated by the media trial. She also said that she was "not absconding" but was only "hiding".
The husband-wife duo reportedly surrendered to the Dibrugarh Police. They had been on the run for 10 days. Sumi Borah, Tarkik Borah, Sumi Borah's brother Rajib Borah, and sister-in-law, had been evading arrest and reportedly hiding in Teok, Jorhat, Assam for several days.
Sumi Borah allegedly received Rs 20 crore from the kingpin of the scam Bishal Phukan, according to The Assam Tribune. Bishal
Phukan reportedly spent extravagantly on her. He even funded Sumi and Tarkik's wedding last year in Rajasthan.
In the video actor Sumi Borah said: "There's a lot of propaganda going on against me. Not even 10% of the allegations against me are true. I was quiet all these days as I was a victim of harassment and was not in the right mental condition to issue a statement." She said that she was ready to cooperate with the police now.
How The Assam Online Trading Scam Was Conducted
The Assam online trading scam involved its mastermind Bishal Phukan luring investors, including those from outside Assam, by portraying a lavish lifestyle. Enticed by the lavish lifestyles of the accused, including the Borahs, Swapnanil Das, Ranjit Kakati and Hemen Rabha, investors would give them huge amounts, hoping for doubled returns in a short time.
Phukan allegedly promised investors of 30% returns in two months. He even forged documents to lure them. The accused largely used their social media influence to entice investors.
He hosted lavish parties and invited individuals from the Assamese film industry. Sumi Borah would also use her influence to get him investors. The accused allegedly duped over 1,500 investors with their false promises.
Bishal Phukan was arrested earlier this month after a raid at his home by the Dibrugarh Police.