Abstract:Bank Asia Securities Ltd recently held its 11th Annual General Meeting at Bank Asia Tower, Karwan Bazar, Dhaka.
A Rouf Chowdhury, chairman of Bank Asia Securities Ltd, signed the company's audited financial statement for 2021, read a press release.
The company's directors Romana Rouf Chowdhury, Kazi Sanaul Hoq, Md Abul Quasem, MdArfan Ali, Prof M Shahjahan Mina, Md Sazzad Hossain, Mohammad Ibrahim Khalil, FCA, CEO of the company Sumon Das, Company Secretary Md Anisul Alam Sarker and head of Finance Md Nahid Raza were present at the programme.
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Malaysia has seen a persistent rise in money game schemes, luring thousands of unsuspecting investors with promises of high returns and minimal risk. These schemes operate under various disguises, from investment clubs to digital asset platforms, yet they all follow the same fundamental principle—new investors fund the profits of earlier participants. Once the cycle collapses, the majority are left with devastating losses. Despite repeated warnings and high-profile cases, many Malaysians continue to fall victim. What drives this phenomenon?
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