15 June 2010 07:56 am
A man who was allegedly running 39 branches of an illegal monetary institution and had cheated his customers for millions of rupees was arrested and produced before the Gampola Chief Magistrate Upali Gunawardene today.
The police told the Court that the suspect was arrested under a warrant issued by the Kandy and Nuwara Eliya High Courts for evading court in connection with 13 other cases.
The accused, Selvadorai Dhanaraj of Menikdiwela in Pilimathalawa, his wife and a brother are alleged to have run an illegal monetary organization called Rural Investment and Development Bank Ltd, with branches in several areas and cheated people.