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„Bangladesh Bank’s job is to make the payment system safe, risk-free and easy to use,“ he said. „If anyone uses it for dishonest or illegal activities, the account will be closed upon receiving a complaint.“ In June 2021, two officials of the Bangshal branch of Dhaka Bank were arrested for gambling on an app, with nearly Tk 40 million withdrawn from the bank. Victims report that fraudsters make huge amounts of money through these apps. „If anyone complains about being cheated, swift action will be taken. Two cases have already been filed over two apps that were shut down. Police have also arrested people.“ Similarly, hundreds of people have been cheated by investing hundreds of thousands of taka in another app called ‚E-Movie‘.
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Various units of the police have undertaken arrests based on victims‘ complaints, but they are booked under Section 420 for fraud. Even if someone earns a few hundred thousand taka through this process, according to the current rules of mobile financial services, a maximum of Tk 20,000 can be received using an MFS number. Using these apps, customers can bet on the results of various games running in different parts of the world. Facebook and other social media are awash in tempting advertisements and links to sites that promise easy ways to make money.
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