Sri Lanka 'fraudster' is arrested
BBC South Asia,
2010-08-06 15:23:45 EST.
Police spokesman Prishantha Jayakody told the BBC's Sinhala service that Sakvithi Weerakumara Ranasinghe and his wife were detained near Colombo.
Police said the arrests were made following a tip-off.
The authorities had earlier sought the help of Interpol to arrest the suspect, who is accused of a multi-million dollar investment scam.
It is not known whether Mr Ranasinghe denies the allegations.
Mr Jayakody told the BBC that over 2,000 complaints against him have been received by the police.
The BBC's Saroj Pathirana says that his case is the most high-profile fraud investigation to be carried out by police for over a decade.
Thousands of people deposited large sums into his construction company, including sports personalities, senior policemen and military personnel.
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Published: Fri Aug 6 12:39:46 EDT 2010