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Sri Lankan businessman arrested for defrauding Korean national

COLOMBO: On Wednesday Feb.15 the Criminal Investigations Department (CID) arrested a 49-year-old businessman from Galigamuwa, Kegalle on charges of defrauding a Korean national whom he had befriended and tricked into importing a liquid chemical that reduces the emission of toxic fumes and increases engine efficiency.

The Korean national had filed a complaint with the CID alleging that he was defrauded of USD 150,000 (LKR 54 million) by the Sri Lankan businessman who had failed to pay him for the imported chemical.

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