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Bangladesh Bank freezes bank account of Qcoom’s Foster payments

Qcoom, much like Evaly and eorange, has recently gotten into hot water over allegations of embezzlement

Update : 09 Oct 2021, 06:46 PM

Bangladesh Bank has frozen all bank accounts of Foster Payments, which is the payment gateway of questionable e-commerce platform Qcoom’s. 

Qcoom, much like Evaly and eorange, has recently gotten into hot water over allegations of embezzlement.

The Bangladesh Financial Intelligence Unit (BFIU) of Bangladesh Bank sent a letter to all scheduled banks in this regard, according to several media reports quoting BFIU officials. 

The reports also mentioned that the agency took this decision a month ago on September 9. 

On September 22, the new e-commerce platform Qcoom announced temporary closure to its office following Evaly and eorange. 

The owner of the platform Ripon Mia was arrested by police and sent on two-day remand on October 4. He was accused of embezzling Tk250 crore of customers’ funds paid in advance through his e-commerce platform.

Meanwhile, Qcoom’s Head of Sales Md Humayan Kabir, popularly known as RJ Nirob was also arrested on Friday and sent to one-day remand.

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