Written by Staff Writer
23 Jun, 2014 | 6:34 pm
An individual running a private financial institution in Ambalanthota has been arrested on charges of defrauding individuals to the tune of Rs. 150 million.
Police state that the suspect was arrested after more than 226 people had filed complaints against him in relation to the scam.
The suspect was arrested around midnight Monday. A luxury jeep and a van were taken into custody as well.
Police added that the suspect, who had fled Ambalanthota, was in hiding in Colombo when he was apprehended.
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