Sri Lankan authorities have uncovered a major online financial fraud network predominantly involving Chinese nationals, with the majority of the targeted accounts belonging to Chinese citizens, the Daily Mirror reports.
Arrests and Seizures
Since October 2024, over 200 Chinese nationals have been arrested across Sri Lanka for their alleged involvement in online scams. Police raids also resulted in the seizure of numerous mobile phones and laptops. Some suspects faced additional charges for overstaying their visas.
The Chinese Embassy in Sri Lanka has acknowledged the arrests, confirming ongoing efforts to repatriate the suspects.
Factors Behind the Fraud Network
Authorities believe several factors contributed to the emergence of electronic fraud rings in Sri Lanka, including:
- Advanced telecommunications infrastructure.
- Favorable geographical location.
- Strong bilateral relations with China.
- Limited public awareness of online fraud.
These advantages have reportedly made Sri Lanka an operational hub for cybercriminal groups targeting Chinese citizens domestically and abroad.
Challenges and Collaboration
The Criminal Investigation Department (CID) Director, SSP Imesha Muthumala, confirmed that investigations are ongoing and may reveal the involvement of other foreign nationals. However, progress has been hampered by language barriers, as most data on the seized devices is in Chinese.
To address this, the Sri Lankan Police, with support from the Ministry of Foreign Affairs, sought assistance from China’s Special Criminal Investigation Unit. In response, a team of 10 officers has arrived in Sri Lanka to work alongside local authorities.
Legal Proceedings
Several of the arrested Chinese nationals have been granted bail after being presented in court, while others are awaiting formal charges.
Rising Threats and Proactive Measures
This surge in online financial fraud highlights the growing threat posed by transnational cybercrime. Collaborative efforts between Sri Lanka and China aim to dismantle these networks and enhance cybersecurity measures, protecting both local and international victims.
Authorities continue to stress the importance of public awareness to prevent online scams and safeguard personal and financial information.
