The Criminal Investigation Department has arrested a 73-year-old suspect in connection with an alleged property fraud involving forged deeds relating to property in the Barnes Place area of Colombo 07.
The investigation is being conducted by the CID's Financial Investigation Division following a complaint concerning allegedly fraudulent property documentation.
Police say the suspect is a resident of Kalutara and was arrested in Kalutara.
Investigators allege that forged property documentation was prepared and used in judicial proceedings.
The suspect is also alleged to have subsequently sold property connected with the documents and obtained approximately Rs.10 million.
Further investigations are continuing.
The arrest is an established procedural fact.
The alleged forgery, fraudulent sale and misappropriation of funds remain allegations under investigation and have not been established as criminal guilt by a court.