Pyramid scheme : Man who had defrauded Rs. 1.8 Bn arrested

November 8, 2024 at 9:27 AM

A Sri Lankan who had defrauded around Rs. 1.8 billion through a pyramid scheme has been arrested by officials of the Criminal Investigations Department. 

Police Spokesman Nihal Thalduwa said that the man had fled Sri Lanka a year ago. 

He said, however, the 52-year-old suspect was arrested upon his return to Sri Lanka from Malaysia, at the Katunayake Airport.

DIG Thalduwa said the suspect’s wife, who had arrived at the airport to receive him, has also been arrested. (Newswire)