DHAKA, Oct 6, 2025 (BSS) - The Criminal Investigation Department (CID) has arrested a fraudster named Md. Selim Sheikh (45) in a case filed for embezzling around Tk 1.5 crore by pretending to be the fake owner of the unused and old iron of Rampal Thermal Power Plant.
 
After analyzing technical information, the accused was arrested from the Baliakhali area under Dumuria police station of Khulna district on Sunday afternoon by a special team of the CID on Sunday, said a press release.
 
With him, six individuals have so far been arrested, it said, adding that the CID is continuing the operation to arrest other absconding accused involved in the incident.
 
During the primary investigation it was revealed that the fraudster gang embezzled Taka 1.10 crore by luring the victims to sell old iron of Rampal Thermal Power Plant in the name of a fictitious company named "POWER MAX LTD".
 
As part of the fraud, they prepared false work orders, decorated the office and gained the trust of the victims and extorted money.
 
In this regard, a case was filed under sections 406/ 420/ 506 of the Penal Code with Dhaka's Shyampur Police Station on March 8 in 2024.
 
Later, the responsibility of investigating the case was assigned to the CID.
 
The CID earlier arrested five accused in this case.
 
In the confessional statement given under Section 164 of the CrPC, one of the accused Humayun Kabir, who was arrested last January, gave information about the active involvement of Selim Sheikh, who was arrested recently.
 
Accused Selim Sheikh had been hiding under different names for a long time to avoid arrest by using mobile SIMs under different names.