A man has been arrested for robbing a large sum of money from a victim by falsely promising to sell USD and sending a fake bank slip.

Police arrested 27-year-old Zaidhan Mohamed Hashim from Sinamale' 05-13.

The Criminal Court remanded him in custody for 15 days. The court said Zaydan had obtained more than MVR 28,000 by selling dollars, sending an invalid slip, and fraudulently.

The order said, citing the victim's statement, that Zaydan has returned part of the money, and his family has agreed to return the money in full.

Fraud and extortion in the name of various institutions and companies have also increased.