CID files Tk34 crore money laundering case against Flight Expert

The Criminal Investigation Department (CID) of the police has filed a money laundering case of Tk 34 crore against the online travel company Flight Expert on charges of defrauding hundreds of customers and sub-agents by taking advance money from them on the pretext of providing flight tickets. 

Based on information obtained during the investigation of the Financial Crime Unit, the case was filed against seven people under the Prevention of Money Laundering Act with Motijheel Police Station in the capital on Saturday.

This information was given in a press release sent by the CID on Monday. It said that the accused in the case include Flight Expert's Managing Director and CEO Salman bin Rashid Shah Sayem, President MA Rashid Shah Samrat, three directors, Head of Finance Md. Saqib Hossain and Soma International Services' proprietor Motaher Hossain.

The CID said that the company, which started its journey in 2016, collected huge amounts of advance money from customers and sub-agents at various times by announcing unusual discounts, but did not supply tickets in many cases. The managing director of the company left the country on August 1, 2025.

The investigation found that an attempt was made to hide the source and ownership of the money deposited in various bank accounts of the company by transferring, withdrawing and converting it to other accounts. At the same time, the CID claimed that evidence of embezzlement from various bank accounts was also found.

The company said that preliminary investigation has found evidence that the embezzled Tk 346.931 crore was transferred and converted through various banking transactions and money was laundered.