Dhaka, July 14 -- The Criminal Investigation Department (CID) arrested Khairul Bashar Bahar , chief executive officer (CEO) of leading overseas education consultancy farm, 'BSB Global Network', from Dhanmondi on Monday in connection with a money laundering case.

Based on secret information, a team from CID's Financial Crime Unit, led by Special Superintendent (SS) of Police Mohammad Abul Kalam Azad, arrested Bahar, said a press release of the CID on Monday.

Initial investigations revealed that Bahar, along with his wife and son allegedly lured hundreds of students and their guardians with false promises of overseas education opportunities from January 2018 to December 2024 embezzling crores of taka in the process, the press release said...