CBSL warns public about 25 entities running pyramid schemes

Thursday, 2 July 2026 04:16 -     - {{hitsCtrl.values.hits}}

The Central Bank of Sri Lanka yesterday in a public notice named 25 companies and platforms operating illegal pyramid schemes.

In 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 Ltd.” has engaged, conducted and promoted a prohibited scheme.                                                                                                                        

Further, the following companies/apps have also been ascertained and determined as prohibited schemes under Section 83 (C) of the Banking Act, No. 30 of 1988, as amended. 

1. Tiens Lanka Health Care Ltd.

2. Best Life International Ltd.

3. Mark – Wo International Ltd.

4. VML International Ltd. 

5. Global Lifestyle Lanka Ltd.

6. Fast3Cycle International 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 Ltd.

11. Fruugo Oline App/ Fruugo 

Oline Ltd.

12. Ride to Three Freedom Ltd.

13. Qnet/ Questnet

14. Era Miracle Ltd. And Genesis Business School

15. Ledger Block

16. Isimaga International Ltd.

17. Beecoin App and 

Sunbird Foundation 

18. Windex Trading

19. The Enrich Life Ltd.

20. Smart Win Entrepreneur Ltd.

21. Net Fore International Ltd./ Netrrix

22. Pro Care (Pvt) Ltd., Shade of 

Procare Ltd.

23. SGO/sgomine.com

24.  I.C.A.N. Advertising Ltd. and affiliates icanonlineadvertising.com/bannercuts.com/bannercuts.lk/bannercusts.net/bannercuts.org

25. Infinity Rover Ltd.

 

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