Dhamaka Shopping was operating its business without any trade licence and it used to make transactions in the name of Invariant Telecom Bangladesh Ltd.
“Dhamaka Shopping has no trade licence, and its transactions were made in the name of Invariant Telecom Bangladesh Ltd tactfully. Rab has detected the transactions of Tk 750 crore,” said Commander Khandaker Al Moin, director of Rab legal and media wing.
He said this at a press briefing held at Rab’s Karwan Bazar office.
Earlier, the elite force arrested three people, including the chief operating officer of e-commerce platform Dhamaka Shopping from Tejgaon area of the capital on charges of fraud.
The arrestees were identified as Dhamaka COO Sirajul Islam Rana, 34, Imtiaz Hasan Sabuj, 31, category head of mobile fashion and Ibrahim Swapan, 33, category head electronics of the company.
Read: Dhamaka COO arrested for 'fraud'
On September 23, a customer of Tongi filed a case against chairman, managing director and COO of Dhamaka Shopping with Tongi West Police Station.
Dhamaka Digital launched its operation in 2018 and officially started its operation as Dhamaka Shopping in 2020, said Commander Khandaker Al Moin.
During their interrogations, the arrestees said the office and depot rent of the e-commerce platform remained unpaid due to the financial crisis. The salaries of its employees also remained unpaid.
The activities of Dhamaka Shopping have remained suspended since June, 2021 following the relocation of the office.
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The main aim of the company was to embezzle money of suppliers and customers and remove the money through ‘hold money process plan’, he said, adding that they used to offer special discounts to attract customers.
Dhamaka had three lakh customers and they were involved in selling mobile and TV sets, refrigerators, motorbikes, home appliances and furniture by offering discounts.
The most attractive offer of their company is 20-30% discount on signature cards, 50% discount on Dhakama night and 20-30 % discount on regular purchase offers.
During the interrogations, the elite force came to know that the company follows the ‘Inventory zero model’ and ‘Hold money process plan’ to cheat people.