Bangladesh has put on hold over 14,000 additional mobile financial service accounts believed to be involved in illegal online gambling and digital money transfers.
Based on reports from local media, the Bangladesh Financial Intelligence Unit (BFIU) has started freezing accounts after it has received intelligence from another agency.
The statement has been made by a senior BFIU official during the conversation with The Business Standard.
According to the BFIU official, organized crime syndicates have used mobile financial accounts for making transactions directly connected to online gambling and the digital hundi activity.The individuals in charge of such criminal networks have been detected already and they have disseminated their personal data for law enforcement purposes.
The officials are also busy preventing those, whose accounts have been frozen, from creating new MFS accounts using their IDs.
Earlier in the year, Bangladesh’s Finance Minister Amir Khosru Mahmud Chowdhury reported that the authorities had managed to freeze 55,000 accounts linked to gambling and digital hundi activities.
Bangladesh authorities are more and more focusing their attention not only on the gambling operators but also disrupting the financial infrastructure that supports illegal gambling and money laundering.
Milena Yeghiazaryan
Content Writer
Milena has recently entered the iGaming industry with curiosity, turning the latest industry insights into engaging and accessible content. Passionate about innovation and new opportunities, she enjoys exploring the iGaming world and sharing stories that keep readers informed and up-to-date.
