BANGLADESH Financial Intelligence Unit (BFIU) under the Bangladesh Bank has ordered all commercial banks to freeze the bank accounts of e-commerce platform Evaly, its Chairman Shamima Nasrin and Managing Director Md Rasel for the next 30 days under Anti-Money Laundering Law. Evaly came into the discussion after several media reports on irregularities of its transactions and numerous complaints about not delivering products to the customers timely even after getting advance payment. Complaint against several online marketplace and e-shop that the product quality is substandard, wrong product, often forgery — are common but there is nobody to oversee the fraudulent.
Most people prefer shopping online instead of going to market due to risk of infection. And on that occasion, a class of fraudsters has resorted fraudulent under the guise of online shopping-service. It is learned that the advance-partial-payment system of the online shops, has made the worst awkward situation for the people, as they become trapped after paying in advance.
Apart from this, the buyers are also facing financial loss due to the trap of fraudsters during the delivery of goods. Again, by announcing an incredible price reduction, they are tempting the buyers using a trick of ‘limited stock’ in the advertisements too.
On the other hand, in case of cash on delivery, the buyer is asked to go to the specified courier service office and pay for the product and take delivery. But most often, the buyer is given an inferior product than the booked one or different products sometimes. If the buyer wants to return the product, it is said, “It is not possible to make the return as there is no return policy with this package.”
Consumers are not aware of online fraudulent, they can get support from Consumers Association of Bangladesh (CAB). Online shopping is a thriving platform as the consumers prefer shopping online globally. It is the responsibility of the government, CAB, businesses body to ensure quality goods, safe transactions, while consumers should be smart not to fall into trap.
Most people prefer shopping online instead of going to market due to risk of infection. And on that occasion, a class of fraudsters has resorted fraudulent under the guise of online shopping-service. It is learned that the advance-partial-payment system of the online shops, has made the worst awkward situation for the people, as they become trapped after paying in advance.
Apart from this, the buyers are also facing financial loss due to the trap of fraudsters during the delivery of goods. Again, by announcing an incredible price reduction, they are tempting the buyers using a trick of ‘limited stock’ in the advertisements too.
On the other hand, in case of cash on delivery, the buyer is asked to go to the specified courier service office and pay for the product and take delivery. But most often, the buyer is given an inferior product than the booked one or different products sometimes. If the buyer wants to return the product, it is said, “It is not possible to make the return as there is no return policy with this package.”
Consumers are not aware of online fraudulent, they can get support from Consumers Association of Bangladesh (CAB). Online shopping is a thriving platform as the consumers prefer shopping online globally. It is the responsibility of the government, CAB, businesses body to ensure quality goods, safe transactions, while consumers should be smart not to fall into trap.
