The Criminal Investigation Department on Tuesday night arrested two suspected members of an organised fraud ring for their involvement in cheating people by impersonating insurance company officials at Rupganj in Narayanganj.
The arrested are Tanvir Hossain, 42, and Touhiduzzaman Tuhin, 31, said a press release.
Several mobile phones, SIM cards, chequebooks of various banks, fake identity cards and documents related to financial transactions used in the fraud were seized during the operation.
Tanvir worked in an insurance company for a long time, gaining a clear idea about the internal structure, information and management of the organisation.
Using that experience, he formed a gang and engaged in a planned fraud with his associates.
The members of this gang sometimes introduced themselves as 鈥榟ead of mortgage and loan鈥�, sometimes as 鈥榗ommercial manager鈥� or 鈥榤anaging director鈥� and established contact with officials of various insurance companies in the country.
Then, using fake identities, they submitted large insurance requisitions and established trust with the concerned officials. They used to embezzle money through mobile financial services.
An individual was a victim of this fraud and filed a complaint with the Cyber Police Centre of the CID.
聽Then, a regular case was registered under sections 406/419/420 of the Penal Code with Paltan model police station on June 30.
During the initial interrogation, the arrested confessed to their involvement in the fraud.
The CID has received complaints from several other victims against them, who have been victims of similar fraud.
The case is currently under investigation by the CID鈥檚 Cyber Investigation and Operations Unit.
