14 Unipay2U officials face arrest
Two district courts Sunday issued arrest warrants against 14 officials of the multilevel marketing company (MLM) Unipay2U, including its chairman.
Judge of Metropolitan Judge Court BM Nizamul Haque and Ali Mansur issued arrest warrant in two separate cases Sunday.
The accused are Unipay2U chairman Shahiduzzaman Shahin, managing director Muntasir Hossain Emon, general manager Jamshedur Rahman, DMD Abu Taher, agent Shahin Nizami Razu, Shahin, Rupeshwar Krisna Das, Ratan Kumar Biswas, Uttam Kumar Bhowmik and Humayun.
An investor named Salil Chowdhury filed two cases with the courts brining allegation of misappropriating Tk 5 crore after giving pledge of providing double profit in 10 months.
On May 05, police arrested Montasir Hossain Emon, 37, MD of Unipay2U, and Jomsedur Rahman, 52, GM of Unipay2U, a multilevel marketing company, from city’s Uttara area.
The government stopped the functions of Unipay2U in 2010 alleging cheating with its investors.
On January 28 in 2011, Bangladesh Bank seized at least 200 bank accounts of the agents of Unipay2U, for their alleged involvement in suspicious money transactions.