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Wednesday, September 18, 2024

₹7,000 Crore Scam: Guwahati’s Laxmi Chit Fund Exposed

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HT Digital

August 22, Thursday: A massive financial scam has rocked Guwahati as Deepankar Barman, the owner of DB Stock Broking agency, has allegedly defrauded multiple investors of a staggering ₹7,000 crores through the Laxmi Chit Fund. Barman, the mastermind behind the scheme, has reportedly fled the country, leaving a trail of financial ruin for countless victims.

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Authorities have detained Barman’s parents for questioning, but the primary culprits—Barman and his girlfriend—remain at large. They have been identified as the main accused in the scandal, which has sparked outrage and fear among investors in the region.

The Laxmi Chit Fund scam has sent shockwaves through the financial community, as the sheer scale of the fraud comes to light. Victims of the scam are calling for swift justice, as law enforcement agencies intensify their efforts to track down the absconding accused and recover the stolen funds.

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The Hills Times
The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
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