DNN 
DB Stock Broking has recently been involved in a large-scale financial scam, defrauding investors of approximately ₹7,000 crores. The firm, run by Deepankar Barman, started operations in 2018 and promised investors very high returns, such as 120% annually, 54% in six months, and more. This lured thousands of people, including from cities like Hyderabad, Mumbai, and Bengaluru.
However, payments to investors stopped around July 2024, and the company’s offices were closed in August. The scam has affected over 23,000 investors, some of whom have lost significant amounts, such as one Hyderabad-based victim who invested ₹11 lakh and has yet to see any returns. Investigations are ongoing, and the police have arrested some individuals involved, but the main suspect, Deepankar Barman, has reportedly fled.
If you’re an investor or looking for more information, it’s essential to stay updated on the case through local authorities or trusted financial sources.
About The Author
