Sumi Borah, Bishal Phukan, Tarkik Borah Appear Before CBI Court in ₹2,200-Crore Trading Scam

Sumi Borah, Bishal Phukan, and Tarkik Borah, accused in a high-profile online trading scam, appeared before the CBI Special Court on Friday. The court conducted a joint hearing lasting nearly three hours.

The trio is facing allegations related to a massive ₹2,200-crore trading scam. While all three are currently out on bail, the court emphasized that their presence at the hearing was mandatory. Accordingly, they appeared at the CBI Special Court at 10 a.m., following which the court proceeded with the detailed hearing.

The case came into public attention in 2024, after which the state government transferred the investigation to the CBI. The CBI has since conducted a thorough probe into the entire scam.

Each accused is facing separate charges under CBI Case No. 29/25. Despite being out on bail, the court has directed Sumi Borah, Bishal Phukan, and Tarkik Borah to appear again at the CBI Special Court on 7 January for the next hearing.

Advocate Comment:

“The entire proceedings of this trading scam case are being closely watched. Since 2024, successive revelations have highlighted the massive scale of trading fraud in the state. Several accused are still in custody, while the trial against those out on bail continues under strict court supervision.”

The CBI Special Court concluded Friday’s hearing after nearly three hours of proceedings, marking another step forward in the ongoing investigation into one of the largest trading scams in the region.

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