The Central Bureau of Investigation (CBI) filed a chargesheet against Monalisa Das, a representative of DB Stock Consultancy, on November 18, 2024, in connection with a fraudulent online trading scheme in Assam. The chargesheet was submitted before the Special Judge for CBI cases in Chandmari, Guwahati.
The CBI’s investigation alleges that DB Stock Consultancy lured investors through unregulated deposit schemes, promising guaranteed returns since 2018. However, irregular payments soon surfaced, leaving many investors without their promised returns. According to the chargesheet, the accused collected significant sums from depositors by providing documents on Rs 100 stamp paper as proof of investment.
The chargesheet includes violations of Section 25 read with Sections 21(1), 21(2), and 21(3) of the Banning of Unregulated Deposit Schemes Act, 2019; Section 409 of the Indian Penal Code; and Section 316(5) of the Bharatiya Nyaya Sanhita, 2023. The investigation began in late October following a recommendation from the Assam government. Monalisa Das, the first person arrested in the case, was taken into custody by Assam Police on August 22 and remains in judicial custody.