Villagers Duped in Rs 100 Crore Scam, Main Suspect on the Run

As security agencies crack down on a major unregulated trading scam in the state, many perpetrators remain at large. Among them is Mainao Brahma, accused of defrauding over 8,000 villagers in Baksa out of more than Rs 100 crore.

The scam surfaced after victims lodged complaints with Mushalpur police, alleging Brahma, a resident of Chanbarikhuti village, lured them into investing by promising modest monthly returns through trading schemes. Currently in hiding, Brahma and her husband, Samin Swargiary, are subjects of a police manhunt. Villagers suspect Swargiary’s involvement after he began acquiring assets despite having no visible job.

One villager recounted how Brahma convinced them to invest, assuring them of monthly profits. However, after several years of trading, she vanished without returning their money, leaving the victims in financial ruin.