Businessman who defrauded US$ 150,000 of Korean arrested

The Criminal Investigation Department (CID) arrested, a businessman who defrauded a Korean national of US$ 150,000 without paying by importing a chemical liquid that is said to increase the efficiency of engines by emitting a minimum quantity of toxic fumes in vehicles on Wednesday.

The businessman was arrested by the Commercial Crime Investigation Department which conducted investigations based on a complaint made by the Korean national to the CID that he had committed this fraud of Rs.54 million. A senior CID official stated that the investigation revealed that this 49-year-old businessman, a resident of Galigamuwa, Kegalle, gained the confidence of the Korean national and brought these chemicals into Sri Lanka without paying.

The suspected businessman will be produced in court.