Hirunews Logo
HiruNews
HiruNews
HiruNews
e-commerce+racket+busted++++++
Saturday, 19 January 2013 - 7:34
e-commerce racket busted
1,970

Views

Fourteen suspects who were allegedly involved in a massive financial fraud by withdrawing money from foreign credit card holders through an e-commerce application service provided by a bank in Sri Lanka had been arrested and detained under the custody of Criminal Investigations Department.

Due to this international financial fraud, the bank had suffered a loss of 263 million rupees and the suspects had been charged under the Public Property Act, Prevention of Money Laundering Act and the Prevention of Terrorism Act.

The CID said the two NGOs had received massive amounts of money as donation from foreign credit card holders for a period of one year.

The fraud had come to light after the foreign credit card holders had complained to the credit card issuers that their money had been fraudulently withdrawn by someone without their knowledge.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
1,368 Views
HiruNews
HiruNews
HiruNews
23,475 Views
HiruNews
HiruNews
HiruNews
2,481 Views
HiruNews
HiruNews
HiruNews
3,183 Views
HiruNews
HiruNews
HiruNews
293 Views
HiruNews
HiruNews
HiruNews
25,530 Views
Top