The Central Bank of Sri Lanka has named 08 more entities that conduct and/or have conducted prohibited schemes.
“Participating in Pyramid Schemes is a Punishable Offence” Central Bank said in a notice to general public.
The named entities are :
1. Beecoin App/Sunbird Foundation
2. Fast Win (Pvt) Ltd
3. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
4. Genesis Business School/ Era Miracle (Pvt) Ltd
5. Isimaga International (Pvt) Ltd
6. Ledger Block
7. Qnet/Questnet
8. Ride to Three Freedom (Pvt) Ltd
