04 arrested for financial fraud including dollar scam

November 11, 2022 at 9:53 AM

Four suspects have been arrested by the Jaffna Police for financial fraud, including dollar scams.

The Police said they were arrested on Wednesday (09) following a special operation conducted by the Police based on a complaint of financial fraud in the Jaffna area. 

The suspects have financially defrauded individuals from several areas by promising them dollars in exchange for cash and vehicle spare parts for cheaper prices.

Investigations have revealed that after the victims arrive with cash at the agreed location the suspects steal the cash and flee the scene.

They are reported to have stolen Rs. 2.5 million and Rs. 1.8 million from two individuals in Jaffna under the guise of providing dollars, while they have stolen Rs. 1.08 from another individual in Galle under the same promise.

The Police said the suspects had been involved in such robberies in the Jaffna, Anuradhapura, Colombo, Kalutara, Galle, and Matara areas.

They have been identified as residents of Trincomalee, Thalawakele, and Anuradhapura, aged between 33 – 53 years. 

Following the arrest, the Police seized US$ 825 and Rs. 2.8 million from the suspects’ possession.  

The suspects have been remanded until 22nd November after being produced before the Jaffna Magistrate’s Court yesterday (10). (NewsWire)