Dhaka, Bangladesh (BBN)– The central bank of Bangladesh on Thursday warned of taking legal actions against all parties involved in illegal forex trading and dealing, and asked all to refrain from such practices.
“Legal actions will be taken against the advertisers that are alluring people of making hefty profit through online forex trading and dealing,” the Bangladesh Bank (BB), the country’s central bank, said in a statement.
The BB also said it has been noticed that advertisements are being published in a section of news media and other publications with lucrative messages of hefty gains through online forex trading/dealing.
The statement said it is illegal and punishable offence under the Foreign Exchange Regulation Act-1947. “The ads are also making promises to load currency in debit cards.” 
The central bank said no person or organization other than the approved dealers or money exchange license holders can sell and buy foreign currencies. 
The BB urged all not to be tempted by such advertisements.
 
BBN/SSR/AD-12Jan12-9:30 pm (BST)