SISP

Nature of the Fraud & Systemic Impact

Systemic impact of fraud and institutional sabotage

The Bangladesh case involved coordinated fraud, institutional sabotage, cybercrime, and systemic failure — far beyond financial theft alone.

The misconduct committed against Shaker International Scholarship Programs (SISP) in Bangladesh extended well beyond misappropriation of funds. While financial loss was significant, the greater harm resulted fromcoordinated institutional disruption, cyber sabotage, and abuse of privileged access.

What began as a humanitarian education initiative became the target of organized exploitation that dismantled operations, halted major projects, and disrupted long-term plans affecting millions of people.

This was not a simple dispute — it was a coordinated institutional attack.

Coordinated Institutional Disruption

The fraud directly targeted SISP’s core operational systems, including:

Through unauthorized access, destruction of evidence, and cyber sabotage, SISP’s ability to operate safely and effectively — both in Bangladesh and internationally — was severely compromised.

Multiple initiatives prepared for immediate launch were forced into suspension.

Organized Financial Exploitation

The misconduct involved systematic draining of organizational accounts, unauthorized transfers, and misuse of funds intended for:

Financial reserves designated for students and communities were depleted to the final available amounts.

Breach of Trust & Institutional Access

Individuals involved were not external actors alone. They were integrated into organizational roles and granted access to:

This privileged access enabled both the financial theft and the subsequent destruction of evidence.

Destruction of Physical & Digital Evidence

The fraud was compounded by deliberate actions intended to conceal wrongdoing, including:

These acts significantly obstructed institutional response and recovery.

Cyber Sabotage

SISP’s digital infrastructure was directly targeted through unauthorized access and cyber manipulation originating from Bangladesh and affecting systems in the United States.

These attacks disrupted:

The cyber dimension amplified the financial and operational consequences of the fraud.

Halted Expansion & Destroyed Partnerships

Prior to the fraud, SISP was expanding across Bangladesh and preparing for global growth.

As a direct result:

A Hawaii-based partner organization supporting development and work-study initiatives terminated its partnership following the cyber attacks, resulting in substantial lost development and revenue.

Derailment of Operation Bangladesh — SISP’s Largest Initiative

One of the most devastating impacts was the effective dismissal of Operation Bangladesh, SISP’s largest humanitarian initiative.

Designed as a long-term national transformation program, it integrated education, financial stability, and community development to support millions.

Following the fraud:

Bangladesh was ultimately removed as the primary host country, and SISP is now in discussions with other governments to relocate the initiative to environments that ensure transparency and protection.

The Amplifying Effect of the Absence of Justice

The harm multiplied due to prolonged lack of legal accountability.

Had decisive action occurred promptly:

Instead, the seriousness of the case was minimized, transforming severe misconduct into systemic collapse.

Human Cost

Behind every halted program were real people.

Final Position on Accountability & Justice

Resolution cannot be measured by financial recovery alone.

True resolution requires:

Returning funds — even in full — cannot restore what was destroyed. Justice is essential.

We serve people to empower them toward success — so they may serve and strengthen their own nations with dignity and integrity.