Stock investor remanded for spreading rumours on social media
A Dhaka court has remanded a stock investor for one day in a case filed under the Digital Security Act for misleading investors by spreading false information and rumours about the capital market on social media.
Chief Metropolitan Magistrate Mahbub Ahmed passed the order on Tuesday after police produced Abu Romim alias Moinuddin Tamim in the court with a prayer for one-day remand.
Daud Hossain, an inspector of the Detective Branch of the Dhaka Metropolitan Police (DMP), told The Business Standard that the accused appeared in the lower court on 12 March this year when the court denied him bail and sent him to jail.
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In the case statement, the Bangladesh Securities and Exchange Commission (BSEC) named the accused as Abu Romim. However, investigators have come to know that his real name is Moinuddin Tamim.
According to sources in the BSEC, Abu Romim disseminated various misleading information about the stock market in a Facebook group named "BD Stocks Discussion".
The commission followed the Facebook group for a long time and found evidence of spreading various types of misleading information. In connection with that, the case was filed against Abu Romim at the Sherebangla Nagar Police Station in the capital in November last year.
The case was later transferred to the Cyber and Special Crime Unit of the Detective Branch.
