GUWAHATI: Deepankar Barman, the prime accused in the multi-crore DB Stock Consultancy scam, has been granted bail by the Gauhati High Court on Wednesday, May 13, with alleged procedural lapses in the investigation reportedly influencing the court’s decision.
As per reports, questions were raised over the manner in which the Central Bureau of Investigation (CBI) carried out Barman’s arrest. It has been alleged that the agency failed to issue a formal notice to him prior to taking him into custody.
Reports further claimed that while notices were served to several employees associated with the case, no such notice was issued to Barman before his arrest. The alleged irregularities in the arrest process are believed to have played a significant role in the court granting him bail.
The case pertains to the alleged DB Stock Consultancy Ponzi scam, which is under investigation by both the CBI and the Enforcement Directorate (ED).
According to the ED, DB Stock Consultancy allegedly ran an unauthorised deposit scheme between 2021 and August 2024 by luring investors with promises of unusually high returns. Investigators estimate that nearly 15,500 investors from different parts of the country were defrauded, with the total amount involved exceeding ₹400 crore.
Earlier, the ED had attached assets worth ₹13.41 crore linked to the case. The attached properties reportedly include residential flats, plots of land, office spaces, bank deposits and investments scattered across Assam, Hyderabad and Visakhapatnam.
