DHAKA, Feb 23, 2026 (BSS) – The Criminal Investigation Department (CID) has arrested three more individuals in two separate cases over embezzling large sums of money by defrauding people through fake investment groups operated on Telegram in the name of foreign companies.

The arrestees are Md Imran, 32, Md Fahim, 24, and Md Asaduzzaman Rabbi, 25, said a CID press release issued here today.

Of them, Imran and Fahim were arrested by a team of CID Dhaka Metro East Division from the Shipyard area under Bandar Police Station in Narayanganj on February 22, in connection with a case filed with Paltan Police Station. Rabbi was arrested the same day from the Paikpara area under Mirpur Model Police Station in another case filed with the same police station.

Investigation revealed that the fraud syndicate had been operating fake Telegram groups under the names of foreign investment platforms, luring victims with promises of high returns in a short time. Syndicate members posted fabricated success stories to gain trust and encourage investments.

Victims were instructed to transfer money to various bank and mobile financial service (MFS) accounts, mostly opened in the names of third parties, which were later used to embezzle the funds. Many investors lost significant amounts of money through the scheme.

The investigation also found that the alleged mastermind, Fardin Ahmed, used vehicle purchases and quick resale at lower prices to convert the fraudulently obtained money into cash while showing losses on paper.