Two suspects accused of defrauding the public through a pyramid financial scheme have been arrested by the Financial Crimes Investigation Division (FCID).
The arrests were made during a raid conducted in Negombo.
Police said the arrests followed an investigation into a complaint lodged with the FCID regarding the suspects’ alleged involvement in operating, promoting, advertising, financing and managing the financial institution.
The suspects, aged 45 and 59, are residents of Thimbirigaskatuwa and Negombo.
