Dipankar Barman was taken to the Session Court in Guwahati after he was produced before the CJM court earlier today.
Barman was arrested around 70-80 kilometers from Goa on Sunday evening after the Guwahati police team laid a trap.
Assam DGP G P Singh said today that the assets procured by these fraudsters using money collected from the victims will be liquidated.
The DB Stocks scam involves alleged deceit of investors, many of whom were promised lucrative returns that never materialized.