Sri Lanka, Nov. 20 -- The Central Bank of Sri Lanka (CBSL) has issued a public notice identifying 22 companies and mobile applications as prohibited pyramid schemes under Section 83(C) of the Banking Act, No. 30 of 1988, as amended.Sri Lanka Travel Guide

According to the notice, CBSL's investigation confirmed that "SGO/sgomine.com" has engaged in, conducted, and promoted a prohibited scheme.

In addition to SGO/sgomine.com, the Central Bank listed 22 other entities determined to be operating prohibited schemes. These include:

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