Wednesday, March 12, 2025

Unipay2u smokescreen continues

Hundreds of people claiming to have investments in the so-called multilevel marketing (MLM) company Unipay2u urged the government yesterday to safeguard their money through strict monitoring on the company.
A section of people introducing themselves as the members of Traders Forum and Unipay2u claimed the company did not cheat them as they are receiving their investments with regular returns.
However, Traders Forum could not make it clear how Unipay2u generates profits through the funds of nearly Tk 450 crore, deposited by nearly four lakh people in a year.
They made the statements from a chaotic press conference, called by Malik Hasan, operations manager of Unipay2u, at the National Press Club.
None of Unipay2u officials was found at the press meet even though there were repeated queries from reporters about the host. Instead, Traders Forum briefed the media.
“We are not being cheated but it is told that we are,” said MA Taher, who claimed himself as the convener of Traders Forum and a member of Unipay2u.
Outside the press club, hundreds of their peers gathered to demonstrate against what they termed as propaganda of the media against the company. Police dispersed them when they tried to gather there.
The self-proclaimed members of Unipay2u and Traders Forum convened the meeting after Bangladesh Bank and the government cautioned people not to do any business with any MLM company in separate statements.
People at the press meet said they are engaged in business with Unipay2u online. They claimed that they are engaged in trading of virtual gold and have been receiving returns.
Some members of the forum said they became worried about the security of their investments after the government-issued warnings.

 

Via: The Daily Star

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