Pyramid-like fraud:

Police arrest seven accomplices

Asela KURULUWANSA

Kandy Police yesterday arrested the manager and six others who were employed at the business concern owned by the Indian national who is alleged to have defrauded a sum of Rupees 80 million through a pyramid-like scheme.

It is also alleged that the owner had fled the country and the staff of his business concern has kept the office open and continued to collect money from persons.

The arrested suspects including two women were remanded till November 19 by Kandy acting Magistrate Mahinda Liyanage.

Further investigations are conducted by Kandy Special Criminal Investigation Division OIC Inspector Indula Athulathmudali under the supervision of ASP H M R B Mahagedera and on the instructions of Central Province Senior DIG Gamini Navaratne and Central Province DIG Jayantha Gammanpila.