DHAKA, Oct 1, 2025 (BSS) - The Criminal Investigation Department (CID) has filed a case naming six people and five to seven unnamed people on various charges that include laundering of Taka 608 crore through gold smuggling.
 
The Financial Crime Unit of the CID filed the case under sections 4(2)/4(4)/8(2) of the Money Laundering Prevention Act, 2012 (Amended 2015) with Kotwali Police Station in the capital on Tuesday.
 
The accused in the case are: Manindra Nath Biswas (50), Wahiduzzaman (52), Md. Golam Sarwar Azad (51), Md. Tariqul Islam alias Ripon Fakir (49), Rajib Sardar (37) and Ujjwal Kumar Sadhu (38).
 
They were also accused of financial fraud with US citizens, hundi operations and money laundering. 
 
Special Superintendent of Police (Media), Bangladesh Police, CID, Dhaka Jasim Uddin Khan confirmed the filing of the case.
 
The CID is now investigating the case to uncover the full mystery behind the case and the names and addresses of the other unknown accused and to bring all the accused under the law.
 
When a US citizen was cheated by a Bangladeshi citizen, the CID started its investigation based on the communication between the US intelligence agency and the Bangladeshi intelligence agency.
 
The CID investigation revealed that the fraudsters had established a relationship with American citizen Deborah Johnston Ramlow 'Debi' through various means.
 
According to the complaint, the fraudsters embezzled 2,22,000 US dollars (which is approximately 2,70,16,351.72/- in Bangladeshi currency at the current rate) by posing as the Drug Enforcement Agency (DEA).
 
The investigation revealed that the fraudsters forced the victim American citizen through deception and blackmail to send the embezzled money to various Bangladeshi students in America.
 
On the other hand, the accused received money from the guardians of these students from Bangladesh into bank accounts in the names of various institutions.
 
In addition to the aforementioned organized fraud, the accused have been conducting hundi activities for a long time.
 
The accused in this organized fraud and hundi operation have been opening bank accounts in the names of various organizations and have been transacting large amounts of money for a long time.
 
These organizations that have come up in the investigation are - Inox Fashion, Bhai Bhai Enterprise, Zaman Enterprise and Noah Enterprise, the CID said.
 
In addition, information about illegal transactions has also come up in the account named as Manindra Nath Biswas, the accused in the case.
 
During the investigation into the allegation of cheating of a US citizen, the CID also revealed that the accused are also involved in gold smuggling.
 
 They have been collecting scrap gold from people coming from the Middle East and from various shops in Dhaka's Tanti Bazar and other places through special contacts, melting it and converting it into polished gold bars and smuggling it for a long time.
 
The investigation revealed that these smuggled gold bars were mainly smuggled into India through Satkhira border.
 
The initial investigation further revealed that through these activities, the accused transferred and converted over Taka 608.33 crore.