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Man arrested for defrauding over Rs. 34 mn.

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Officials from the Colombo Crimes Division (CCD) have arrested a 51-year-old resident in Colombo 05, over a financial fraud.

According to the Police media, the suspect had obtained a total of Rs. 65 million on two occasions for business activities.

However, he had only returned Rs. 30,200,000, defrauding the balance of Rs. 34,800,000.

The CCD is conducting further investigations.

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