Badarpur Trading Scam: Mastermind Md. Shakir and Brother Arrested in Kolkata, Brought to Badarpur

In a major breakthrough, Sribhumi Police, in collaboration with the Central Bureau of Investigation (CBI), arrested Md. Shakir, the mastermind behind a multi-crore online trading scam, along with his brother Md. Jabir, on March 25, 2025. The duo was apprehended from Mukundapur under the Purva Jadavpur Police Station in Kolkata, West Bengal, after months of evading law enforcement. They were brought to Badarpur on Thursday morning.

Md. Shakir, who posed as an online trader, reportedly orchestrated one of the biggest trading scams in Barak Valley, defrauding thousands of investors by promising high returns. Operating from Sribhumi district, he allegedly manipulated people into investing crores in his fraudulent scheme before disappearing. Reports suggest that he collected hundreds of crores from unsuspecting victims before absconding.

A lookout notice was issued against him and his associates on September 10, 2024, when Sribhumi was still Karimganj. Despite a case being lodged by the CBI, which had been actively searching for him, his whereabouts remained unknown until the Sribhumi Police launched a fresh probe in early March 2025.

A statement issued by Sribhumi Police on March 26 confirmed the arrest of Md. Shakir and his brother Md. Jabir, in Mukundapur, Kolkata. Following their arrest, Md. Shakir and his brother were transported to Badarpur Police Station in the Sribhumi district. They arrived on March 27, 2025, where legal formalities are now being carried out.

Authorities have vowed to take strict action against all those involved in the scam. Further investigations are underway to trace the defrauded money and identify any additional associates linked to the fraudulent scheme.