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 Portsmouth 'conman stole £750,000' from Bangladeshi community

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Join date : 2011-02-03

PostSubject: Portsmouth 'conman stole £750,000' from Bangladeshi community   Tue Nov 15, 2011 9:36 am

Golam Rashed Chowdhury Golam Rashed Chowdhury said the money was loaned to him rather than invested

A man accused of defrauding Portsmouth's Bangladeshi community claimed he lost money to the Mafia after being kidnapped, a court heard.

Golam Rashed Chowdhury offered various ways of investing money, such as non-existent business ventures, Winchester Crown Court heard.

But he kept most of the money in the £750,000 scam that his victims paid to him, prosecutors said.

The 27-year-old, of Penhale Road, Portsmouth, denies 10 counts of fraud.

The court was told Mr Chowdhury was a prominent member of the Bangladeshi community in the city but he abused the trust and respect he received.

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