The Police have busted a large-scale financial racket that was conducted using social media by suspects operating from a top Hotel in Colombo.
Seven suspects, including a man from Kandy, have been arrested following a raid conducted at the hotel by the Walana Anti-Corruption Division.
A 35-year-old man has been identified as the chief suspect involved in the scam, while the remaining suspects are aged between 22 and 40 years.
Investigations have found that the suspects had been staying at the hotel and were using social media platforms to obtain money from the public using various fraudulent acts.
The Police said the suspects had used the money to live a luxurious life and also to consume drugs.
According to the Daily Mirror, officers had recovered two tabs from the main suspect’s possession and it was found that around Rs.1 million money had been deposited daily to a number of bank accounts maintained by the main suspect.
The Police said a group of youth had been hired by the main suspect by providing accommodation and facilities at the hotel to withdraw the money from those accounts.
They added that the suspects will be charged under the Money Laundering Act and the Criminal Investigations Department (CID) is conducting further investigation into the case. (NewsWire)