Man arrested for spreading rumours on stocks in Brahmanbaria

Police on Wednesday arrested a man from Brahmanbaria on the charge of spreading rumours about the capital market using social media.

The police gave the name of the arrested as Mahbubur Rahman. He was taken into custody following complaints from the Bangladesh Securities Exchange Commission at the district jail, according to the BSEC Social Media Monitoring Cell.

According to the case filed by the BSEC with Sher-e-Bangla Nagar Police Station, the man, on his Facebook page called "Share Bazar 2021", said, “Index will drop to 5,700.”

Investors have been misled by rumours about the capital market many times before through this page. In this situation, the BSEC Social Media Monitoring Cell - filed a statement, Deputy Director Munshi Md Enamul Haque behalf of the Commission.

Mahbubur Rahman used the mentioned page to serve various information related to the capital market and to persuade the investors by creating rumours, said the statement.

In the meantime, 31 Spreading rumours Facebook IDs have been deactivated of BSEC's allegations. The Commission has informed that necessary action will be taken against the social ID and page which create such rumours in phases.