The Criminal Investigation Department has arrested four people in Khulna for alleged involvement in a network that collected online betting deposits through mobile financial service numbers and bank accounts and converted funds to cryptocurrency for transfer abroad, The Business Standard reported on 4 September 2026.
The arrestees were named as Md Rakibul Islam, 30; Ariful Islam Arzu, 26; Sheikh Sakir Ahmed; and Mianul Islam Ayon, 29. CID Special Superintendent of Police Sufi Ullah said the network regularly changed MFS numbers and bank accounts, with new accounts shared with betting operators through Telegram and similar platforms.
According to CID as reported by TBS, agents kept a commission before remaining funds were moved to other bank accounts and then converted through cryptocurrency platforms such as Binance. Raids in Khan Jahan Ali and Khalishpur around 9:30pm on 2 September led to the arrests. A case was filed at Paltan Police Station under sections of the Gambling Prevention Act, 2026.
Arrests remain allegations until a court decides.