The consumers and merchants who have been the victims of fraudulent business activities by some e-commerce companies but did not file cases will get back their funds soon, a source said yesterday.

The Bangladesh Financial Intelligence Unit (BFIU) has asked banks to send account information of 23 digital platforms, including Daraz and Priyo Shop and 29 executives related to the firms.

The commerce ministry yesterday said it was working on recovering another Tk 260 crore taken by fraudulent e-commerce entities as advance payments until last June and on refunding it to the respective customers who were not delivered products.

The High Court yesterday issued a rule asking authorities to explain in four weeks why they should not be directed to refund the money halted at

The High Court today issued a rule asking the authorities to show cause as to why their failure and inaction to refund the money of e-commerce customers should not be declared illegal.

The commerce ministry has written to the Criminal Investigation Department (CID) to defreeze the accounts to return Tk 214 crore that got stuck in payment gateways due to e-commerce companies' failure to deliver products against the payments.

Intelligence services have identified anywhere from 13 to 19 e-commerce entities which have defrauded customers and merchants of thousands of crores of taka, as per reports provided to a Digital Commerce Cell (DCC).

Online marketplace Daraz Bangladesh, a concern of Alibaba Group, is hosting a one-day sale campaign “11.11” for the fourth time.

All e-commerce businesses will have to register with the commerce ministry within the next two months.

All e-commerce businesses will have to register with the commerce ministry within the next two months.

The government yesterday decided to return to customers Tk 214 crore that has remained stuck in payment gateways after some errant e-commerce platforms failed to deliver goods despite advance payments.

Hossain Ahmed, a resident of Rajarbagh in Dhaka, ordered a couple of gowns worth Tk 3,340 on a Facebook-based online shop for his wife on October 13.

The government will return Tk 214 crore deposited by the consumers as payment to e-commerce companies but did not get delivery of the ordered goods yet, Commerce Minister Tipu Munshi said today.

E-commerce platform Daraz Bangladesh, a concern of Alibaba Group, has recently organised the “Daraz Seller Summit 2021” for the fourth time.

The government wants to bring e-commerce business under a strict monitoring and regulation system to stop fraudulence.

The High Court yesterday formed a five-member board to run Evaly in the absence of its incarcerated directors as the government forages to find a way to pay back the controversial e-commerce platform’s long line of creditors.

The consumer rights watchdog of Bangladesh has fined 17 e-commerce firms for their failure to deliver products as promised and deceiving customers through false advertisements.

The website of Evaly, an e-commerce platform that is currently embroiled in controversy, yesterday became unavailable as its server was down, according to a post on the company’s official Facebook page.

The wait for tens of thousands of customers and merchants who are victims of scams perpetrated by 10 e-commerce firms is lingering on as there are no strong efforts on the part of the government to realise the money and compensate them.

The portal of controversial e-commerce company Evaly became unavailable today as its server went down.