Bangladeshi embezzles Federal govt loan in US

Shahnawaz a businessman embezzled funds from federal government in the United States (US).

Shahnawaz a New York-based home care business fraudster has embezzled money from a federal government loan for a paycheck protection program (PPP) for home care workers.

The two partners took out a Pay-Check Protection Program (PPP) loan of US $ 5,24,729 (approximately Tk 4,46,1,965 in Bangladeshi currency) from the US Central Government through fraudulently showing 140 employees in two home care businesses.

They transferred money from the company's bank account to their own bank. Partha Gupta a former business partner made the allegations at a press conference in Jackson Heights on Saturday evening (January 22), local time.

Partha complained that he was a partner of Bengal Home Care Inc. and Golden Age Home Care. In the name of these two organizations, there was a rift between the partners over the payment of the loan provided by the Central Government (Federal) Government for the Pay-Check Protection Program (PPP).

At 1:29 am on September 10 last year his business partner home care and insurance businessman Shahnawaz filed a death threat with the Jackson Heights Northern Boulevard-115 area of the New York City Police Department.

Shahnawaz alleged that Partha had sent him a text message threatening to kill him. He was also beaten by a group of people, including Partha at a street fair on 76-37 Street in Jackson Heights on August 29 last year at around 6:30 pm.

At the time, Partha and his accomplices threatened to shoot him for displaying dangerous devices (pistols, revolvers, rifles, shotguns or machine guns) (case docket number-'CR-020560-21QN').

In support of the allegations he submitted a photo of himself with a pistol in his hotel bed next to a Partha's photo taken in Photoshop. This fraudulent Shahnawaz had a grand plan to destroy his business artistic life and his family.

Partha says it's amazing to think of how disgusting people can do such ugly things. With the prayers and blessings of all of you, the wise judge dismissed his case against me on January 12 in a criminal court in New York.

Speaking to reporters, Partha said it was important for everyone to know the facts behind the conspiracy case against him.

He said Shahnawaz had two home care companies (Bengal Home Care Inc. and Golden Age Home Care) after the federal government announced Pay-Check Protection Program (PPP) loans to various businesses including small ones, due to the Corona epidemic in the United States last year and borrowed the specified amount.

At the end of 2017, the Board of Directors of Bengal Home Care Inc. was reconstituted. He was elected director on the board of directors. At that time by setting the dividend policy, it was mentioned that Shahnawaz and another partner would be given 45% dividend and he would be given 10% dividend.

After the reorganization of the board of directors. He collected 80% of the patients of this institution. With his talent and tireless work day and night. He made the organization pioneering and popular, but the amount of his dividend is less than the work.

He realizes that his not earning as much as he used to. He thinking of leaving the organization. At that time, he fell into the trap of Shahnawaz's deception. I paid him $25,000 in the first installment and another $ 51,000 in the second installment to jointly purchase Golden Age Home Care from US businessman Marion Hernen in March 2020.

According to the verbal agreement his name was supposed to be attached to any other official work including the health department and bank account, but Shahnawaz did not do it. He repeatedly asked him about this. Today will be tomorrow, Shahnawaz will spend time. Before launching Golden Age Home Care Inc., it was decided that Shahnawaz would be the President and CEO of the company and he would be the Vice President.

A month later without his knowledge Shahnawaz very cleverly nominated his wife Amena Nawaz alias Rano Nawaz for the post of Senior Vice President. He objected to this but did not get any result. Shahnawaz asked him to pay 25 percent dividend. But he tactfully appointed his wife as senior vice president on the board of directors and decided to pay a dividend of 20 percent to Amena Newaz, 20 percent to him and 60 percent to Shahnawaz.

In each case, they have seized it, despite obstacles we can scarcely imagine. " Even if the business was fully operational, Shahnawaz would not give me any account. In this institution also he have collected 80% of the patients and invested 76 thousand dollars. He still don't know how much money Shahnawaz has invested in Golden Age Home Care. Conflict and monomalignment occur between us on all these issues. Communication was limited and we did not talk for a long time.

I would like to ask Shahnawaz whether Bengal Home Care Inc. and Golden Age Home Care Inc. have received PPP loans after receiving news of Pay-Check Protection Program (PPP) loans in the name of various New York businessmen. In reply he said that the application has not been made yet. On May 19 this year, 31 employees of Golden Age Home Care received $80690 and 109 employees of Bengal Home Care Inc. were approved to allocate PPP loans of $ 444,039 against them. After receiving the loan approval letter, Shahnawaz suddenly asked me to get into a deliberate quarrel with another partner.

Even then he don’t know about the loan approval of their organization. Arguing with another partner, Shahnawaz secretly argued with him that the Bengal Home Care's Pay-Check Protection Program (PPP) loan was taken from Citibank and shared by both of them.

Shahnawaz used this new strategy to deprive me of the dividend of Bengal Home Care. Shahnawaz and I signed the paperwork to return the Bengal Home Care loan to the previous owner on June 7 after the Bengal Home Care loan was shared between them in May last year.

At the press conference, Partha Gupta, Shah Shahidul Haque Sayed President of the World Human Rights Development Foundation in the United States and Liton Chowdhury answered various questions. He thanked everyone for coming to the press conference and listening to Parth’s two words.

He also thanked those who published the news about the case in his last days, those who did not publish it and those who are still thinking of publishing it. He also thanked those who had given him courage during the time of danger.