One more company added to list of banned Pyramid schemes

May 2, 2024 at 5:11 PM

The Central Bank of Sri Lanka (CBSL) has added one more entity to the list of entities/ applications prohibited for their involvement in pyramid schemes.

Issuing a notice, the Central Bank said that Windex Trading has been added to the list of nine (09) banned entities. 

The CBSL further warned that participating in pyramid schemes was a punishable offence in Sri Lanka. 

The entities announced today are in addition to the nine entities that were banned in August last year. (Newswire)