Bangladesh
Ehsan Group Ehsan Group embezzled Tk 17,000 crore by trapping 'religious sentiments'
Dhaka, September 11: Ehsan Group Chairman Ragib Ahsan misappropriated Tk 17,000 crore by targeting devout Muslims, people associated with religious institutions, imams and others by using religious sentiments to create a trap in the MLM company. He used to attract customers by promoting the Shariah-compliant interest-free investment. Besides, he used to do business propaganda in the name of organizing waz mahfil (religious gathering).
RAB-10 has arrested Ehsan Group Chairman Ragib Ahsan (41) and his associate Md Abul Bashar Khan (37) on charges of fraud and forgery. He created fraud traps in the name of 17 organizations.
According to RAB, there are more than 15 cases against Ragib Ahsan. He added 10,000 subscribers in 2008 by showing the temptation of receiving excessive amount of money monthly with an investment of Tk 1,00,000. Now the number of its customers is around one lakh.
On Thursday night (September 9), the detective branch of RAB headquarters and an expedition team of RAB-10 raided the Topkhana Road area of Shahbagh Police Station and arrested them. Voucher books and mobile phones were recovered from them at that time.
Khandaker Al Moin, commander of the RAB's legal and media wing, made the remarks at a press conference at the RAB Media Center in Karwan Bazar on Friday (September 10th) afternoon.
He said human chain, press conferences and protest rallies were held in several districts including Dhaka, Narayanganj, Sylhet and Pirojpur for the victims of the recent embezzlement of huge amount of money in the name of MLM Company. The spread of this deception in different media of the country also caused a stir in the country. Several victims also complained to law enforcement. As a result, RAB started shadow investigation and increased intelligence surveillance. They were later arrested in a raid in the Topkhana Road area of the capital.
