Law enforcement agencies have uncovered a new method of money laundering in the country. An investigation has revealed that a syndicate has siphoned off a substantial amount of money using bank accounts opened in the names of beggars. Preliminary findings indicate that transactions exceeding one crore taka have taken place through these accounts.

Bank Accounts in Beggars' Names

A report by Jugantor stated that bank accounts in beggars' names have seen transactions amounting to millions of taka. Investigators have said that accounts were opened in multiple banks using the identity documents of beggars. Money was laundered through deposits and withdrawals in these accounts. Many of the beggars were unaware that bank accounts had been opened in their names.

The Modus Operandi

The investigation has revealed that the syndicate would deposit money from various sources into the accounts opened in the beggars' names. The funds were then withdrawn using cheques or online banking. In this manner, millions of taka have been siphoned off over a long period. Preparations are underway to file money laundering and fraud cases against those involved.

Investigation and Next Steps

Law enforcement agencies are working to identify those involved in this incident. Banking authorities have been instructed to remain vigilant regarding such suspicious transactions. As part of the investigation, information from multiple bank accounts is being collected.