Depositors left high and dry | Daily News

Depositors left high and dry

Dodangoda Police have received 40 complaints of misappropriation of monies in fixed deposits in a private finance company, till yesterday.

The office has been closed and the owner, managing director and staff cannot be located.

The owner has allegedly defrauded investors of approximately Rs. 700 million, police investigations revealed. Mathugama Police have also received around 10 complaints.

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