It was corruption at a massive scale, undertaken by a single family.
Ragib Ahsan and his four brothers embezzled at least Tk 130 crore from thousands of people by establishing an MLM company named “Ahsan Real-Estate”. Soon after, Ragib’s wife and brother-in-law also got involved with the fraud.
They used to entice people into making interest-free investments following “Shariah” with promises of lofty returns.
Against their Tk 1 lakh investment package for customers, they promised to pay back at least Tk 1,200 and maximum Tk 2,000 in monthly payments.
Falling into the trap, at least 50,000 people have lost their deposits, many of who are now spending hard times with their families.
In a case filed over embezzlement, Rapid Action Battalion arrested Ragib (40) and his brothers Abul Bashar Khan (35), Khairul Islam (35), Shamim Hasan (37) and Mahmudul Hasan (31) from Pirojpur on September 9 last year.
However, his wife Salma Ahsan (32) and brother-in-law Nazmul Islam (33) are still on the run.
Several cases were filed against the family, of which, four are under investigation by the Criminal Investigation Department (CID), while one is being dealt with by the Police Bureau of Investigation (PBI).
On December 23 last year, CID filed another case against them under the money laundering act.
Humayun Kabir, special superintendent of CID, said, “Ragib and his brothers’ bank accounts have been frozen. We’re now…
