A businessman who had defrauded a Korean national of US$ 150,000 has been arrested by the Criminal Investigations Department (CID) on Wednesday (15).
According to Daily News, the businessman had used the Korean national to import a chemical liquid that is said to increase the efficiency of vehicle engines by emitting a minimum quantity of toxic fumes.
The businessman was arrested following a complaint filed with the CID by the Korean national over the Rs. 54 million fraud.
The CID stated that the businessman had befriended the Korean national and had used him to import the said chemical to Sri Lanka but had failed to pay him.
The businessman has been identified as a 49-year-old resident of Galigamuwa, Kegalle.
The CID is taking measures to produce the suspect in court. (NewsWire)