Despite such crimes getting bigger in scale and more vicious with time, we have miserably failed to curb them.

No government agency is taking responsibility for the MTFE scam that has left thousands of Bangladeshis staring at catastrophic losses due to the murky nature of its operations.

It has the classic appearance of a Ponzi scheme: promising high returns to potential investors and offering unusually high returns on their investments in a short span of time.