Embezzled by brokers: DSE returning funds of investors

Dhaka Stock Exchange (DSE) has started returning money which stock investors were cheated out of by three brokerage firms -- Tamha Securities, Crest Securities and Banco Securities. 

The premier bourse of the country, in a circular, said the recipients were those who submitted allegations prior to May 15 and the amounts were proportional to the investments.

Following a directive of the Bangladesh Securities and Exchange Commission (BSEC), the money was being returned through the respective beneficiary owners accounts.

Investors having any complaint can communicate with the DSE. The DSE has already returned over Tk 4 crore to around 430 investors, according to a top DSE official.

The three brokerage houses were shut two years ago for allegedly embezzling around Tk 200 crore of general investors.