GUWAHATI: A Guwahati man has been arrested by Arunachal Police in connection with an alleged about ₹34.3 crore investment fraud case involving forged government documents, fake political connections and suspected digital impersonation, including the use of AI.
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The accused, identified as Rishiraj Borkotoky, aged 41, of Guwahati was arrested on June 20 following an investigation into a complaint filed by a businessman.
The complainant alleged that he was induced to invest huge sums of money in a proposed ethanol manufacturing project in Guwahati.
A case was registered at the Banderdewa Police Station on June 5.
Police said the accused allegedly projected himself as a well-connected businessman with access to influential political leaders and senior government officials.
He is alleged to have furnished forged documents purportedly issued by the Government of India.
Investigation further revealed that the accused allegedly used a fake WhatsApp account displaying the profile picture, suggesting close association with prominent political figures.
The complainant allegedly transferred ₹34.33 crore over several transactions beginning in 2022.
During the operation, police seized five mobile phones along with a luxury SUV.
The accused was produced before the Judicial Magistrate First Class at Yupia and remanded to 10 days' police custody.
Naharlagun SP Nyelam Nega said extensive scrutiny of bank transactions, KYC documents, digital communications, screenshots and suspected forged documents has corroborated key elements of the complaint.
"As of now, investigation has also revealed that the alleged proceeds of crime were routed through accounts linked to associates, family members, and business entities. The identities and roles of such persons are presently being examined," he said.
The electronic devices seized during the arrest are being sent for forensic examination, while verification of the purported government documents has been initiated with the concerned authorities, the SP said.
The investigation is focused on tracing the complete money trail, identifying all beneficiaries and accomplices, and recovering the alleged proceeds of crime, the SP said.