Culprit of Sri Lanka's largest single cash defraud arrested

Sri Lanka police arrested a fraudster wanted for around 3,000 complaints against him on swindling money.


The man, popularly known as Sakvithi Ranasinghe was arrested as he had returned to Sri Lanka with his wife under a passport with a Tamil name.
The former English tuition master disappeared in 2008 following defrauding more than five billion rupees from depositors in his unregistered financial company that promised to pay high interest rates.
Senior policemen, soldiers, a woman athlete, cricket players, and prominent social figures were among his victims.
Sri Lanka police sought Interpol assistance to track down the fraudster. He had reportedly returned to the country two months ago.
Criminal Investigation Department is now interrogating the suspect.