The Bangladesh Financial Intelligence Unit (BFIU) has discovered anomalies worth Tk 353 crore at Sonali Life Insurance Company, accusing its former chairman Mostafa Golam Quddus and his family members of irregularities, fraud, and money laundering.
Detectives have arrested three Bangladeshi associates of a Chinese gang that has been embezzling a huge amount of money through various online scams targeting Bangladeshis
A Dhaka court today granted bail to singer Mainul Ahsan Noble, in a fraud case filed with Motijheel Police Station.
As the online market sees an unprecedented boom, cunning sellers behind keyboards have also increased in number and might, making this love affair a fickle and dubious one.
Police Bureau of Investigation of Dhaka Metro (Uttara) claim to have arrested one member of a fraud gang from Bhasantek area of the capital for his alleged involvement in collecting money from people in the name of providing job in army.
Chittagong Customs House (CCH) yesterday lodged a case against a Dhaka-based import agency on charges of laundering Tk 57.70 lakh
Law enforcers claim to have arrested two people including a private university student in Dhaka last night on charge of fraud.
Russian investigators say they have detained the former deputy governor of Saint Petersburg over suspected fraud during the construction of a World Cup venue.
The former president of Venezuela's football federation is expected to plead guilty to U.S. charges stemming from a bribery investigation involving FIFA, the sport's world governing body, according to court records filed on Tuesday.
About 10 million bank clients are potentially easy victims of fraudulent charges to their debit and credit accounts because they are using the vulnerable magnetic stripe cards.
Foreign fraudsters in collaboration with local bankers and merchants are believed to have committed more card frauds on point-of-sale (POS) terminals than what they had done with ATMs, experts and investigators said.
There is no bar to wearing hijab while using ATM booths, Bangladesh Bank clarified the matter in a statement on Thursday.
Eastern Bank Limited hands over reimbursement to affected victims of the recent ATM card fraudulence incident that spread concerns among the public.
Foreigners are believed to be involved in the skimming racket that stole money from ATMs in signs of new financial crimes that rattled both banks and customers.
Two migrant workers return from Brunei penniless early today after they were cheated by two Bangladeshi recruiting agencies with the promise of lucrative salaries abroad.
An Indian court sentenced the founder of an outsourcing giant and nine others to seven years in prison each after convicting them of stealing millions of dollars in one of the largest frauds in the country's corporate history.
The High Court stayed for a month, a three-day remand of BNP joint Secretary General Rizvi Ahmed under police custody in a vandalism case.
