Assam Police Arrests Key Accused in Trading Scam
In a significant breakthrough, Assam Police have arrested Dipankar Barman, a key figure in a multi-crore trading scam. Barman had been evading capture for a month before being apprehended in Goa. The arrest was announced by Assam Police DGP GP Singh, who congratulated the Guwahati Police team for their efforts.
The operation was led by Amit Mahato, IPS, ACP Pan Bazar, with assistance from the Crime Branch of Goa Police. This arrest is part of an ongoing investigation into the DB Stock scam, which has seen over 40 cases transferred to the Central Bureau of Investigation (CBI).
Previously, Assam Police had arrested several individuals, including Bishal Phukan, Swapnanil Das, Assamese actress Sumi Borah, and photographer Tarkik Borah, in connection with the scam. The Chief Minister of Assam, Himanta Biswa Sarma, has urged the public to be cautious of online trading scams, emphasizing that quick financial gains are often fraudulent.
In total, 38 people have been arrested in connection with the scam, which involved a Rs 2,200 crore fraudulent online stock market investment. The crackdown continues as authorities work to dismantle the network behind these illegal activities.
Doubts Revealed
Assam Police -: Assam Police is the law enforcement agency responsible for maintaining law and order in the state of Assam, India.
Dipankar Barman -: Dipankar Barman is a person who has been arrested by the police because they believe he was involved in a big trading scam.
Multi-Crore -: Multi-Crore means involving many crores of rupees. A crore is a unit in the Indian numbering system equal to ten million (10,000,000).
Trading Scam -: A trading scam is when people trick others into giving them money by pretending to do business or trade, but they actually cheat them.
Goa -: Goa is a small state in India known for its beaches and tourism. It is located on the western coast of India.
Amit Mahato, IPS -: Amit Mahato is an officer in the Indian Police Service (IPS), which is a prestigious position in the Indian police force.
DB Stock scam -: The DB Stock scam is a fraudulent scheme involving fake or misleading stock trading activities, causing people to lose a lot of money.
CBI -: CBI stands for Central Bureau of Investigation, which is India’s top agency for investigating serious crimes and corruption.
Assam CM Himanta Biswa Sarma -: Himanta Biswa Sarma is the Chief Minister of Assam, which means he is the head of the government in the state of Assam.
Online trading scams -: Online trading scams are tricks played on people over the internet, where they are fooled into investing money in fake trading schemes.
Rs 2,200 crore fraud -: Rs 2,200 crore fraud means a scam involving 2,200 crores of rupees, which is a huge amount of money.
Bishal Phukan, Swapnanil Das, Sumi Borah, Tarkik Borah -: These are names of people who were previously arrested because they were suspected of being involved in the trading scam.