Tk 50 lakh scam: Four held for cheating retired bureaucrat

The Criminal Investigation Department (CID) of police has arrested a four-member fraud syndicate on charges of embezzling approximately Tk 54 lakh 70 thousand from a retired Additional Secretary by luring him with promises of a job and business partnership in the capital. The four members of the syndicate were arrested from the Diabari area on April 19.

In a press release, the CID stated that the victim officer retired from government service in 2024. Later, in October of the same year, he received a call from an unknown mobile number and was initially offered a high-paying job. He was subsequently lured with the prospect of a business partnership.

An oral agreement was also made to return the principal along with 20 percent profit within one week.

Falling for this enticement, he invested Tk 54 lakh 70 thousand in phases. However, when the stipulated time passed without any money being returned, he realized he had been defrauded and subsequently filed a case at Pallabi Police Station.

Following the case, a team from CID’s Cyber Police Centre (CPC) arrested four individuals from the Diabari area under Turag Police Station in the capital. The arrested persons are – Md. Tofazzal Hossain alias Ratan (68), Md. Liton Munshi (60), Md. Babul Hossain (55), and Md. Nurul Islam (39).

The CID stated that at the time of arrest, 9 mobile phones, 12 SIM cards, 5 money receipts, and various documents used in the fraud were seized from them.

Investigation revealed that the syndicate had long been targeting retired high-ranking government officials. They would set up fake organizations and embezzle money by luring victims with high-paying jobs and lucrative investment opportunities.

These activities were conducted from rented offices in the Mirpur and Uttara areas of the capital.
A case has been filed at Pallabi Police Station in the capital under Sections 406 and 420 of the Penal Code in connection with this incident. The investigating agency has stated that multiple previous cases have also been found against those arrested.

The investigation into the case is currently ongoing and operations to arrest other members of the syndicate are continuing. At the same time, the CID has called upon the general public to remain vigilant against such fraudulent schemes.