DSE detects scam targeting investors with fake profit promises
The Dhaka Stock Exchange (DSE) has issued a warning to investors about growing fraudulent investment schemes operating through WhatsApp, Telegram, and social media platforms. These scams are luring victims with promises of high returns in the capital market, DSE Acting Managing Director Asadur Rahman said at a press briefing on Tuesday (August 26).
The press conference, titled “Awareness of Capital Market Investors to Prevent Financial Fraud,” was held at the Capital Market Journalists Forum (CMJF) auditorium in Paltan.
DSE Chief Regulatory Officer Shafiqul Islam Bhuiyan and Deputy General Manager Md. Shafiqur Rahman were also present there.
Asadur Rahman revealed that intelligence agencies have already identified one such fraudulent network operating out of Narayanganj. He said, “Scammers use artificial intelligence to send convincing messages, first offering small profits to gain trust, then persuading victims to invest larger amounts. Eventually, they claim app issues and demand additional payments—before vanishing.”
He emphasized that the DSE and its regulatory bodies do not conduct investment activities directly. “Investors must only use licensed brokers approved by the Bangladesh Securities and Exchange Commission (BSEC), DSE, or CSE,” he said, warning that any other route carries high fraud risk.
In response to media questions, the acting MD stated that the DSE is prepared to act against any internal involvement in such scams if evidence arises.
DSE officials stressed that fraudulent investment schemes not only cause financial losses but also damage public trust in the capital market. They urged investors to verify the legitimacy of brokers through official websites and avoid responding to unsolicited offers.
“Investor awareness remains the strongest line of defense against these scams,” Asadur Rahman said, urging the public to remain cautious and report suspicious activity.
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