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BSEC flags unregistered Facebook pages spreading misinformation on share prices

The regulator advises investors to rely only on licensed professionals for market insights

BSEC warns against 11 Facebook scam pages

Staff Correspondent

bdnews24.com

Published : 09 Sep 2025, 09:30 PM

Updated : 09 Sep 2025, 09:30 PM

The Bangladesh Securities and Exchange Commission (BSEC) has identified several Facebook pages which are not registered with the regulator that claim to provide advance information about changes in stock market prices.

On Tuesday, the BSEC issued a statement urging investors to remain cautious, saying these social media pages are carrying out “fraudulent” activities related to share prices.

The regulator named 11 Facebook pages and IDs, three operated by individuals and eight as groups, as sources of misleading information.

The pages identified include:

• Shokher Share Bazar (https://www.facebook.com/profile.php?id=61579790072044)

• BD Stock Exchange (DSE & CSE) (https://www.facebook.com/groups/391580888653809/)

• Momin DSE (https://www.facebook.com/groups/391580888653809/user/100016058347627/)

• Ashaka Rasul Nomani (https://www.facebook.com/groups/391580888653809/user/100008105401350/)

• Share Market Success Strategies (https://www.facebook.com/groups/391580888653809/user/61574056896483/)

• Bazar Bishleshon (https://www.facebook.com/profile.php?id=61579257136367)

• Asikur Rahman Asik (https://www.facebook.com/asikura.rahmana.asika.371807)

• Anika Sarah (Consultancy Asset Management) (https://www.facebook.com/anika.sarah.142)

• Public Business Club (https://www.facebook.com/groups/1421914744614689/)

• Planned Investment (https://www.facebook.com/groups/1768873286596084/)

• Caleb Wright (https://www.facebook.com/profile.php?id=61579983105760)

The statement said, “Recently, fraudsters have been offering enticing investment opportunities in the stock market on social media, attempting to deceive investors. Initial checks have revealed some of the Facebook pages, IDs, and groups involved.”

The BSEC noted that “misleading” information about changing share prices is being circulated, which is considered “illegal” under securities law.

Investors were advised to remain alert, as only registered entities and individuals are legally allowed to publish research on shares.

Under the law, only merchant bankers, stock dealers or brokers, asset management companies, investment advisors, and independent research firms can publish research and provide opinions on securities.

Investors were also asked to monitor their own Beneficiary Owner (BO) accounts to ensure transactions are correctly reflected.

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  • BSEC

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  • fraudulent activity

  • Bangladesh capital market

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