BB bans transactions with Onpassive MLM company

The Bangladesh Bank (BB) has urged individuals to refrain from aiding investments or engaging in transactions with the fraudulent organisation ‘Onpassive’ due to its alleged involvement in money embezzlement.

The central bank issued a notification on Thursday in this regard and sent it to top executives of all the scheduled banks to warn people.

The notification from the BB has highlighted the recent operations of an MLM company called Onpassive (www.onpassive.com) in Bangladesh.