Overview
- The accused, identified as 41-year-old Rishiraj Borkotoky, was arrested on Saturday, June 20 and produced before the JMFC court at Yupia where he was remanded to 10 days of police custody for interrogation.
- Police say businessman Rajesh Agarwal lodged the FIR on June 5 after transferring about Rs 34.33 crore between 2022 and 2026 for a proposed ethanol/ENA project that never materialized.
- Investigators allege Borkotoky used forged papers purporting to come from the finance ministry and cabinet secretariat plus a fake WhatsApp profile showing the Assam chief minister to gain the complainant’s trust.
- Officers seized five mobile phones and a luxury vehicle worth roughly Rs 1.5 crore and have sent devices for forensic examination while scrutinising bank transfers, KYC records and account links to associates and family members.
- Authorities are probing whether voice calls were impersonated or generated with AI, tracing routed proceeds to identify beneficiaries, and have warned the public to verify claims of official approvals before investing.