DHAKA, Jan 27, 2026 (BSS) - The Criminal Investigation Department (CID), in separate raids, arrested two more members of a fraud ring accused of duping people through fake foreign investment schemes run on Telegram in Thakurgaon and Dinajpur districts on Monday and Tuesday.

CID’s Dhaka Metro East Division arrested Ranjit Basak Rawnak, 25, from Pirganj Police Station area of Thakurgaon district around 8:30pm on Monday. 

Later, another accused, Palash Chandra Basak, 40, was arrested from Suihari area under Dinajpur Sadar Police Station around 2 am today. Both accused are permanent residents of Ranishainkal, Thakurgaon district.

According to CID sources, the names of Ranjit and Palash surfaced during confessional statements given under Section 164 of the CrPC by the previously arrested main accused, Fardin Ahmed alias Pratik, 25, and his associate Md. Sagar Ahmed, 24. 

Based on their statements, CID conducted targeted operations leading to the arrests.

Investigators revealed that the gang had been operating fake Telegram groups under names such as “Foreign Investment Platform,” luring people with promises of unusually high profits in a short time. 

To gain trust, gang members posted fabricated success stories showing fake profits, misleading new investors into sending money to various bank and mobile financial service (MFS) accounts.

Most of these accounts were opened in the names of third parties, many of whom were unaware of the criminal activities. The fraudulently collected money was later laundered through innovative methods. 

CID officials said the mastermind, Fardin Ahmed, purchased cars using bank transactions and then sold them quickly at lower prices to withdraw the cash, falsely showing losses to legitimize the money.

During preliminary interrogation, CID found that Ranjit Basak Rawnak was involved in handling financial transactions under the direction of the group’s leader. 

Palash Chandra used multiple SIM cards registered in his own name and supervised the group’s illegal activities.

The arrestees have been produced before the court with a prayer of seeking 10-day remand for further interrogation.

The CID’s Dhaka Metro East Division stated that the investigation is ongoing and operations to arrest other members of the fraud ring are continuing.
The arrests were made as part of the ongoing investigation into a case filed with Paltan Police Station on 4 September 2025.