Bangladesh Corruption, Fraud & Institutional Sabotage Case

This page documents verified facts surrounding a major case of fraud, corruption, and institutional sabotage faced by SISP in Bangladesh.

Shaker International Scholarship Programs (SISP) was founded on a simple yet powerful belief:

We serve people to empower them toward success — so they may, in turn, serve and strengthen their own nations.

In pursuit of this mission, SISP expanded its humanitarian and scholarship initiatives in Bangladesh to identify deserving students and uplift families through education, financial support, mentorship, and opportunity.

What began as a program of trust and long-term investment ultimately became one of the most serious cases oforganized fraud, institutional destruction, and cyber sabotagefaced by the organization.

This page exists as part of SISP’s transparency commitment — to present verified facts, document the wrongdoing, and demonstrate our resolve to protect future beneficiaries and institutional integrity.

Scope of the Misconduct

Contrary to early media summaries suggesting limited financial misappropriation, SISP’s investigation revealed systemic and coordinated misconduct.

The individuals involved — former scholarship recipients and trusted staff members — were treated as extended family and entrusted with significant operational responsibilities.

Support provided included:

• Full scholarships and education funding
• Monthly financial assistance
• Employment within SISP operations
• Family financial aid for parents and siblings
• Personal savings programs
• Housing, gifts, and long-term mentorship

This unprecedented level of trust was deliberately exploited.

Documented Acts of Fraud and Sabotage

Evidence established through investigation and legal filings includes:

Financial Crimes

• Complete draining of organizational bank accounts
• Embezzlement and misappropriation of funds
• Unauthorized transfers and financial manipulation

Institutional Destruction

• Theft of computers, equipment, and physical assets
• Destruction of paperwork and operational records
• Elimination of internal documentation and evidence

Cybercrime & Digital Attacks

• Unauthorized access to digital infrastructure
• Theft of sensitive organizational data
• Cyber sabotage of online platforms
• Coordinated international digital attacks

Criminal Conspiracy

• Organized actions involving multiple individuals
• Intent to cripple Bangladesh operations
• Attempts to obstruct recovery and accountability

Formal Legal Proceedings

These matters are under active criminal prosecution.

SISP is formally represented by Abdus Sobur & Associates, Dhaka.

• Case Number: CR Case No. 371/2025
• Court: Metropolitan Magistrate Court No. 14, Dhaka
• Police Station: Ramna Police Station
• Penal Code Sections: 420, 406, 379, 506(2), 109

The accused named in the filing:

• Samia Islam Farzana
• Shahed Anwar Shadhin

Additional cases are in preparation addressing cybercrime, data theft, defamation, and organized fraud. Investigations are being conducted by the Police Bureau of Investigation (PBI).

Institutional Reforms Implemented

• Multi-layer financial oversight
• Independent audit mechanisms
• Enhanced fraud detection systems
• Advanced cybersecurity protections
• Transparent reporting protocols
• Structured global monitoring frameworks

Moving Forward

While this incident caused significant loss and disruption, it did not break the mission of SISP.

It strengthened our resolve to expand globally with stronger systems, deeper transparency, and ethical discipline.

Our mission remains unchanged:

We serve people to empower them toward success — so they may serve their own nations with dignity, leadership, and integrity.

Official Legal Reference:
Legal confirmation issued by A.Z.M. Abdus Sobur, Advocate — Abdus Sobur & Associates, Dhaka.