The fraudsters’ strategy is simple: lure stock investors with ads promising quick returns on Facebook or Instagram, bolster credibility of the offer using fake experts in WhatsApp groups. Once the investor is hooked, ask them to register on fake websites and invest through bKash or Nagad..

The way that the stock market has been run over the past 15 years under the Sheikh Hasina-led government can be best summarised as facilitative to the manipulation of stock prices.

Govt should instead toughen up rules for employees given current trends

Shares on the Dhaka Stock Exchange (DSE) rose yesterday as investors continued to maintain a high rate of trade over the past 10 days with hopes of a further increase in the stock prices.

Investment dropped 20.8 percent year-on-year to $2.33 billion in FY 2022-23, it was $4.5 billion in 2018-19