People's Leasing and Financial Services Limited

In 2020, Bangladeshi-Canadian businessman Proshanta Kumar Halder, known as the Sultan of Swindle, scammed 35 billion taka from the company.

[2][3][4][5] People's Leasing and Financial Services Limited was established on 12 August 1996 and received its license from Bangladesh Bank on 24 November 1997.

[15] In November 2021, the chairman of Bangladesh Securities and Exchange Commission, Shibli Rubayat Ul Islam, ordered an audit of the institute's activities from 2013 to 2021.

[16] Peoples Leasing and Financial Services Limited in November 2021 without any notice started returning the money of depositors aged over 75.

[20] In August 2022, People's Leasing and Financial Services Limited announced its intention to return the money of 582 small investors.