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Home Assam

Assam stock market scam accused Dipankar Barman arrested in Goa

Northeast NewsbyNortheast News
October 28, 2024
in Assam
Assam stock market scam accused Dipankar Barman arrested in Goa
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Guwahati: The Assam Police on Sunday evening arrested Dipankar Barman, the prime accused in the alleged Rs 7,000 crore DB Stock Broking scam, from Goa.

As per reports, Barman was nabbed by a team from the Guwahti Police, led by Panbazar Assistant Commissioner of Police (ACP) Amit Mahato.

He was arrested in Goa by a team from the Central Guwahati Police District (CGPD) with the support of the crime branch of Goa Police.

Taking to social media platforms, the Guwahati Police said, “Absconding accused Dipankar Barman of DB Stock scam has been arrested in Goa by a Team from CGPD under leadership of Amit Mahato, IPS, ACP Pan Bazar with the support of Crime Branch of @Goa_Police in connection with an ongoing investigation.”

The recent arrest is a major breakthrough in the large-scale financial scam.

Meanwhile, Assam Director General of Police GP Singh took to X and lauded Assam Police efforts for the successful arrest of Dipankar Barman.

Finally, Dipankar Burman arrested at Goa. The run ends. Congratulations Team @GuwahatiPol pic.twitter.com/K6gHrO1Ymf

— GP Singh (@gpsinghips) October 27, 2024

The 29-year-old “trading scamster” disappeared on August 21 this year after defrauding scores of people who invested in his firm DB Stock Broking.

Barman, posing as the director of DB Stock Broking, defrauded people with promises of high returns on their investments.

The scam came to light only on August 21 when the investors did not receive their returns on time and found his office in Guwahati locked with no trace of Barman.

Since then, Barman had been on the run, leaving investors dismayed by the significant financial losses they had incurred. The police initiated a manhunt to apprehend him.

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After a two-month manhunt, Guwahati Police finally apprehended Barman on Sunday evening.

The accused is likely to be produced before a Goa court on Monday before being brought to Guwahati on a transit remand for an investigation into the biggest online scams in Assam.

Tags: Assam PoliceDB Stock Broking scam
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