CBSL flags another company as prohibited pyramid scheme
In the terms of Section 83 (C) of the Banking Act, No. 30 of 1988, as amended, the Central Bank of Sri Lanka has conducted an investigation, ascertained and determined that “Infinity Rover (Pvt) Ltd” has engaged, conducted and promoted a prohibited scheme.
This brings the total number of Companies/Apps flagged by the CBSL as engaging in such pyramid schemes, to 25.
The full list :
- Tiens Lanka Health Care (Pvt) Ltd
- Best Life International (Pvt) Ltd
- Mark – Wo International (Pvt) Ltd
- V M L International (Pvt) Ltd
- Global Lifestyle Lanka (Pvt) Ltd
- Fast3Cycle International (Pvt) Ltd
- Sport Chain app, Sport Chain zs society Sri Lanka
- OnmaxDT
- MTFE App, MTFE SL Group, MTFE Success Lanka, MTFE DSCC Group
- Fastwin (Pvt) Ltd
- Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
- Ride to Three

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