Rs 7,000 crore DB Stock Broking scam hits Hyderabad: Cyberabad police issues FIR
A Rs 7,000 crore stockbroking scam involving DB Stock Broking has impacted Hyderabad. Many investors have filed complaints after losing large sums of money. The firm, operated by Deepankar Barman, promised high returns but ceased payments from July 2024. Barman has fled to Australia, leading to a case being registered. Over 23,000 clients are affected.