A lawyer from Dehiwala has been arrested in connection with an investigation into a financial fraud valued at more than Rs.40 million.
According to the Daily News, the lawyer was taken into the custody of the Criminal Investigations Department (CID) on Tuesday (25).
It is reported that the CID suspects that the lawyer has been involved in the fraud that had taken place with regard to the purchase of a hotel.
The suspect has been charged with handing over a cheque for Rs.40.6 million with no money in the account and engaging in a fraudulent transaction.
Investigations have revealed that the victim had engaged in business with the lawyer as the two had worked together previously during a transaction of a sale of a house, the CID said.
The CID added that the arrest comes following a long-standing investigation into the said financial fraud. (NewsWire)
