Serial conman held in city

Police have arrested a man on charges of misappropriating Tk 50 crore from different people and business entities by deceiving them over the last two decades.

The arrestee is Moshiur Rahman, 48, and he faces at least 51 cases filed across the country, police said yesterday, adding that he used to introduce himself as a buyer and the owner of two companies -- Zahan group and Abrar Trade Corporations.

Moshiur used to sign purchase deals with different people or businesses. As per the agreements, he would pay 10 to 20 percent of the product price in cash. He would promise to pay the remaining amount in cheques, said Shahidur Rahman, additional deputy commissioner of Detective Branch (DB) of Police. 

However, all those cheques would bounce and Moshiur would disappear soon after the products were delivered, he said. 

Using this method, Moshiur had been swindling many before being arrested by a team of DB police from the capital’s Sabujbagh area on Wednesday, Shahidur added.   

Hearing the news of his arrest, many victims of his fraud, including the representatives of some top business firms, gathered at the DB headquarters on Minto road hoping to get their money back, he also said.

“Moshiur had offices in different areas in the capital, including in Uttara, Banani, Nikunja, Shantinagar and Paltan,” Shahidur said, adding that he used to change his office location frequently. 

The DB official said Moshiur was placed on a two-day remand and police were looking for his cohorts.