Interactive Care CEO Arrested Over Alleged Crore-Scale Fraud

Police have arrested Rare Al Samir, Founder and Chief Executive Officer of the online educational institution Interactive Care.

Officer-in-Charge (OC) of Adabor Police Station, Ziaur Rahman, confirmed that he was arrested in connection with a case filed over the alleged embezzlement of more than Tk 5 crore from 29 customers.

He said that a case has been filed at Adabor Police Station against Rare Al Samir on charges of misappropriation of funds. He was arrested on Tuesday while attempting to leave the country from Hazrat Shahjalal International Airport.

According to investors, Samir failed to return both the invested capital and promised profits. They also alleged that he stopped responding to calls from those who had invested money. Complaints from multiple investors indicate that the total outstanding amount may exceed Tk 10 crore. One investor and businessman associated with Interactive Care said, “We now have no options left. Samir has taken money from many people, but has not returned funds or provided any profits. At this moment, I suspect there may be money laundering involved.”

In addition, several current and former employees of the company reported that their salaries have remained unpaid for several months. Some are now considering legal action over the issue.

However, Samir has denied all allegations. Speaking to the media, he said, “The allegations are not true. There is no issue of money laundering here. I have never done such a thing. Everyone will receive their money back within one or two months.”

It is worth noting that Interactive Care was founded in 2020 during the COVID-19 pandemic by Rare Al Samir and Jamila Bupasha Khushbu, as demand for online education surged. The Dhaka-based edtech startup built its model around career-focused courses, combining recorded lessons, live classes, and mentorship with an emphasis on employment outcomes. It expanded rapidly through social media-based promotion and offered programs such as digital marketing, web development, and language test preparation.

As part of its growth strategy, the platform incorporated a crowdfunding-style investment model, allowing individuals to invest in exchange for expected returns.

In recent years, Interactive Care attracted early-stage investments from both local and international investors. In 2023, it secured a $100,000 investment from the ‘Accelerating Asia’ program, where it was the only Bangladeshi startup in that cohort.

DBTech/SA/EK/OR