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73-year-old arrested over alleged fraudulent sale of Colombo 7 property
A 73-year-old man has been arrested by the Criminal Investigation Department (CID) in connection with an alleged property fraud involving a forged deed for a property in Barnes Place, Colombo 07, police stated.
The CID’s Financial Investigation Unit launched an investigation following a complaint that a forged deed had been prepared in relation to the property and used to commit financial fraud.
The suspect, a resident of Kalutara, was arrested in Kalutara town, according to police.
Investigators allege that the suspect had also submitted the forged documents in court proceedings and subsequently sold the property for Rs. 10 million.
The CID’s Financial Investigation Unit is continuing investigations into the alleged fraud.
