The multi-million rupee ‘Sakvithi’ scam seems to have spared not even the handicapped or the sick as it plundered the wealth of thousands of unsuspecting customers who suddenly realized their lives’ ...

Sri Lanka's police spokesman says that he is unable to find out if any action was taken about the findings of an internal iinvestigation about strong links between senior police officers and alleged ...

‘Sakvithi’ Ranasinghe who has been in remand custody for over nine years over an alleged financial fraud exceeding Rs. 1,628 million, has been released on bail by the Colombo High Court today. Abhaya ...

Initial steps have been taken to indict alleged billion-rupee fraudster Sakvithi Ranasinghe and several other suspects in the Colombo High Court, in connection with the defrauding of Rs.1,060 million ...

Depositors duped by alleged fraudster Chandana Weerakumara, alias Sakvithi Ranasinghe, have asked the authorities to investigate the assets of several well-known persons, including lawyers, and others ...

Popular English teacher Sakvithi Ranasinghe and his wife pleaded guilty to the charges relating to committing a criminal breach of trust with regard to Rs. 1,628 million worth funds of the depositors ...

Sakvithi Ranasinghe, who was imprisoned for nearly a decade after being convicted of three charges that included a billion-rupee fraud, was released on bail today (Jun 10). Chandana Weerakumara alias ...

Popular English teacher Sakvithi Ranasinghe, who pleaded guilty to operating an financial institution without the approval of the Central Bank of Sri Lanka was yesterday sentenced to 22-year-rigorous ...