Subscriptions were sought in companies listed in the stock market. When money was received on demand, investors were lured by spreading good information in the name of weak companies. And if money was not received, rumors were spread in the name of a good company.
The Metropolitan Detective Police (DB) has arrested three members of a market manipulation gang that spread false information through social media and WhatsApp groups and online. The arrested are – Md. Amir Hossain alias Nur Nurani (37), Nurul Haque Haroon (52) and Abdul Qayyum (39).
DB Chief Mohammad Haroon Or Rashid said these things at a press conference organized at DMP Media Center on Saturday (April 27) afternoon.
The DB chief said that on Friday (April 26) night, under the leadership of Additional Deputy Commissioner (ADC) of DB Cyber and Special Crime (South) Saifur Rahman Azad, they were arrested in various areas of the capital. The arrestees have already engaged in various anti-government activities. There are 11 cases under the Explosive Suppression Act and Special Powers Act against the arrested Amir Hossain in different police stations.
Harun Or Rashid said, they have been deceiving common investors by spreading various false information by opening groups on social media against Bangladesh Securities and Exchange Commission (BSEC), chairman of the commission and other important people with the intention of destroying the stock market. Besides, using common investors was creating unstable situation in the name of movement.
He said, the stock market is a sensitive place. Here many ordinary investors bring all their wealth and invest. There is little chance of damage here. BSEC filed a case with Ramna police station alleging that a vested interest group was influencing investors with false information. The DB arrested three people in the continuation of the case investigation.
He also said that the arrested used secret groups on Facebook, WhatsApp, Telegram to spread false and fake information. These groups were giving false and fake information about the stock market. A variety of price sensitive information is disclosed earlier, which is often fabricated and false. As a result, the common investor suffers.
DB Pradhan said, they used ordinary investors in the name of agitation at different times and created unstable situation purposefully by occupying the roads. Besides, the listed companies demand subscriptions on various issues. If they don’t pay, they start spreading misinformation online about the company. Even company offices were attacked.
Haroon Or Rasheed said that they sell shares at high prices to ordinary investors by increasing the prices by giving false information about various shares. Secret groups were being used to do this. Members of these groups have to join the group by paying a fixed fee. Again, if there is a profit in the shares, then the dividend has to be paid. But they do not take responsibility in case of loss.
The arrested will be remanded and interrogated and others involved in the gang will be brought under the law. He also said that the surveillance of the DB is continuing to prevent the spread of rumors online to create an unstable situation.
ADC Saifur Rahman Azad told Jago News that the arrested Amir Hossain used to run various online groups using the alias Nurnuraani. He runs a total of 8-10 groups on Facebook, WhatsApp and Telegram. Nurul Haque Harun used to extort money from the companies by gathering together various members in the identity of Vice-President of the Investors’ Unity Council. Abdul Qayyum is associated with a brokerage house called Royal Capital. He used to give information about various shares in exchange of money on WhatsApp and Telegram groups.
TT/MAH/ASM
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