After a 2-month manhunt, Assam Police nabs prime suspect in Rs 7,000 crore stock scam

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

Dipankar Barman, who had been evading authorities since August, was arrested on Sunday by a team of Guwahati police led by Panbazar Assistant Commissioner of Police (ACP) Amit Mahato with the support of the Goa Police Crime Branch.

In a statement shared via social media, the Guwahati Police announced, “Accused Dipankar Barman, who is absconding in the DB Stock scam, was arrested in Goa by the CGPD team led by Amit Mahato, IPS, ACP Pan Bazar, with the support of Crime Branch @Goa_Police in connection with the current investigation”.

Assam Director General of Police GP Singh also praised the efforts of the police on social media, expressing his congratulations on the capture, saying, “Finally Dipankar Barman has been arrested in Goa. The run is over.”

The 29-year-old Barman, who posed as a director of DB Stock Broking, allegedly lured investors with promises of high returns only to disappear on August 21, leaving investors with significant financial losses.

The scam was exposed when the returns failed and his Guwahati office was found to be locked. A two-month hunt began, which ended with his capture.

After his arrest, Barmen is expected to appear before a court in Goa before being remanded to Guwahati for further investigation in what has become one of the biggest financial fraud cases in Assam.

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