COLOMBO (News 1st): The Criminal Investigations Department (CID) has uncovered that the account defrauded in Sri Lanka’s first financial fraud committed with the use of fake cheques, belongs to a leading steel manufacturing company in the country, Sri Lanka Police revealed on Tuesday (May 11). “The Criminal Investigations Department (CID) conducted investigations into an act of fraud committed in respect of an account maintained at a private bank. The account belongs to a leading steel manufacturing company in Sri Lanka. “The one who printed the cheques was also arrested by the CID a couple of days ago. The Criminal Investigations Department is conducting further investigations.

Source: The Nation May 11, 2021 06:00 UTC