Khulna: The Criminal Investigation Department (CID) has arrested a fraudster, Md. Selim Sheikh, in connection with a case involving the embezzlement of approximately Tk 1.5 crore. The accused allegedly posed as the owner of unused and old iron from the Rampal Thermal Power Plant.
According to Bangladesh Sangbad Sangstha, the arrest took place in the Baliakhali area under Dumuria police station in Khulna district. The arrest was executed by a special CID team, which had been analyzing technical information related to the case. So far, a total of six individuals have been arrested, and the CID continues to search for other suspects involved in the scheme.
The preliminary investigation revealed that the group embezzled Tk 1.10 crore by deceiving victims into purchasing old iron from the Rampal Thermal Power Plant. They operated under a fictitious company named “POWER MAX LTD”, using fake work orders and setting up an office to gain the victims’ trust and extort money.
A case regarding the fraud was filed under sections 406, 420, and 506 of the Penal Code at Dhaka’s Shyampur Police Station on March 8, 2024. The CID was subsequently tasked with investigating the case.
Previously, the CID had arrested five individuals related to this case. One of the accused, Humayun Kabir, who was apprehended in January, provided a confessional statement linking Selim Sheikh to the operation. Selim Sheikh had been evading capture by using different identities and mobile SIMs registered under various names.