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A young man named Manik opened an office in the city’s Shiroil in the name of the app and ran his fraudulent activities through there. He scammed over a hundred people from Godagari’s Premtoli area. A case was filed against Manik at the city’s Chandrima Police Station, and he was later arrested.
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From his experiences arresting agents and dealers last year, the police official said that some young women take part in these chat rooms and get paid based on the digital currency collected from users. Many people addicted to these games can be seen in parks, shops or even in the spectator gallery at fields across the country. However, even if these apps cheat massively, the customers have few options. A deposit is taken from the customer using the agent number of a mobile financial service. In these cases, money has to be sent to an agent number of an MFS using the cash-out option. After a few days of displaying an agent number within the app, it is replaced with a new number.
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Currently, an app called ‘MTFE’ is the most popular in the city. However, Bangladesh Bank redirects questions to law enforcement. Law enforcement, in turn, spoke about legal and technical limitations preventing proper action. Several months of monitoring show that advertisements for such apps circulate on Facebook, YouTube, and other popular websites.
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We may share your information with our business partners to offer you certain products, services or promotions. When you share personal information or otherwise interact with public areas of the platform, such personal information may be viewed by all users and may be publicly made available outside the in perpetuity. Similarly, other users will be able to view descriptions of your activity, communicate with you within our platform, and view your profile. When betting online, it is important to check the sports betting operator and make sure that the company is licensed to provide sports betting services. This betting company is licensed by the government of Curaçao.
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«Bangladesh Bank monitors suspicious transactions. But it is impossible to monitor the purpose for which a person or business engages in a money transaction.» «No one is forced to invest money in that app. It is good for us if an unemployed youth gets a job through [this app].» Rubel said that half a hundred investors of Durgapur Upazila have invested money in MTFE app through him. Investment apps are so popular in the northern divisional city of Rajshahi that many have opened ‘offices’.
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