Dhaka, May 6 (bdnews24.com) – Police have arrested the managing director and the general manager of controversial multi-level marketing (MLM) company, Unipay-2 U, allegedly for their attempts of deception and embezzlement of the company money.
Officer-in-charge of Mohammadpur Police Station Mahamudul Islam told bdnews24.com that security officials detained the company's MD Muntasir Mamun from Uttara and GM Mohammad Jamshed from Lalbagh area on Sunday morning.
Islam said clients of the MLM company had filed cases against the duo with Mohammadpur police for allegedly cheating them and embezzling their money.
"They had been absconding for long," he said.
'Unipay-2 U Members Club', a platform of its clients, recently alleged at a press conference that the company had embezzled around Tk 60 billion from its clients.
In 2010, its clients took to the streets following allegations of deception by the company. The government took steps to formulate a law to bring MLM business under a legal framework.
Members of the Unipay-2 U Members Club have been demanding the government form a commission to return their money.
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