Two individuals have been arrested in Negombo in connection with an alleged pyramid financial operation suspected of defrauding members of the public.
According to Police, the arrests were made on Tuesday (3) by officers of the Financial Crimes Investigation Division.
Investigations were launched following a complaint concerning the operation, promotion, advertising, financing and management of a pyramid financial institution.
The suspects, aged 45 and 59, are residents of Thimbirigaskatuwa and Negombo.
Police said further investigations are underway into the alleged financial fraud. (Newswire)