Assam Police nab key suspect in Rs 7,000 Crore DB Stock Scam after 2 months manhunt

Assam Police has made a significant breakthrough in financial fraud by arresting the prime suspect in the alleged Rs 7,000 crore DB Stock Broking scam in Goa.

Dipankar Barman, who was on the run from authorities since August, was arrested on Sunday by a team from Guwahati Police led by Panbazar Assistant Commissioner of Police (ACP) Amit Mahato with the support of Goa Police crime branch.

In a statement shared via social media, Guwahati Police announced: “DB Stock scam absconding accused Dipankar Barman was arrested in Goa by a team from CGPD led by Amit Mahato, IPS, ACP Pan Bazar. @Goa_Police Crime in connection with an ongoing investigation Branch.”

Assam Police Director General GP Singh also praised the efforts of the police force on social media and expressed his congratulations on the capture, saying: “Finally, Dipankar Barman was arrested in Goa. The run is coming to an end.”

Barman, 29, who served as the manager of the DB Stock Exchange, allegedly deceived investors with the promise of high returns, but disappeared on August 21, leaving investors with significant financial losses.

The scam came to light when returns did not materialize and the Guwahati office was found locked. A two-month manhunt ensued, culminating in his capture.

Following his arrest, Barman is expected to be produced in a court in Goa before being transferred to Guwahati under transit remand for further investigation into what has emerged as one of Assam’s biggest financial fraud cases.

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