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 : 

  1. Tiens Lanka Health Care (Pvt) Ltd
  2. Best Life International (Pvt) Ltd
  3. Mark – Wo International (Pvt) Ltd
  4. V M L International (Pvt) Ltd 
  5. Global Lifestyle Lanka (Pvt) Ltd
  6. Fast3Cycle International (Pvt) Ltd
  7. Sport Chain app, Sport Chain zs society Sri Lanka
  8. OnmaxDT
  9. MTFE App, MTFE SL Group, MTFE Success Lanka, MTFE DSCC Group
  10. Fastwin (Pvt) Ltd
  11. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
  12. Ride to Three Freedom (Pvt) Ltd
  13. Qnet/ Questnet
  14. Era Miracle (Pvt) Ltd. And Genesis Business School
  15. Ledger Block
  16. Isimaga International (Pvt) Ltd
  17. Beecoin App and Sunbird Foundation 
  18. Windex Trading
  19. The Enrich Life (Pvt) Ltd
  20. Smart Win Entrepreneur (Pvt) Ltd
  21. Net Fore International (Pvt) Ltd./ Netrrix
  22. Pro Care (Pvt) Ltd., Shade of Procare (Pvt) Ltd
  23. SGO/sgomine.com
  24. I.C.A.N. Advertising (Pvt) Ltd and its affiliates icanonlineadvertising.com/bannercuts.com/bannercuts.lk/bannercusts.net/bannercuts.org
  25. Infinity Rover (Pvt) Ltd

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