Sri Lanka, Nov. 19 -- The Central Bank of Sri Lanka (CBSL) has issued a notice to the public regarding prohibited pyramid schemes.
It states that 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 "SGO/sgomine.com" 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 (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...
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