Dhaka, Nov. 8 -- The Criminal Investigation Department (CID) of Bangladesh Police has arrested two members of a suspected organised gang, including its alleged ringleader, for defrauding people of nearly Tk5 crore through an online investment scam.

The CID confirmed the arrests in a press release on Friday.According to the CID, the gang lured victims by creating fake investment groups on the encrypted messaging app Telegram, posing as representatives of foreign companies and promising high short-term returns.

In the early hours of 6 November, a CID team from the Dhaka Metro East Division arrested the suspected ringleader, Fardin Ahmed, alias Protik, 25, from Panchagarh.

Acting on information provided by him, authorities later detained hi...