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EDUWIRE

Pyramid Scam

Man arrested for allegedly operating and promoting illegal pyramid scheme

2026-11-06
On: November 6, 2026

By Newswire Editorial A 48-year-old man from Panadura has been arrested for allegedly operating and promoting an illegal pyramid financialContinue Reading

Two arrested over alleged pyramid financial scam in Negombo

2026-11-04
On: November 4, 2026

Two individuals have been arrested in Negombo in connection with an alleged pyramid financial operation suspected of defrauding members ofContinue Reading

CBSL receives nearly 30 complaints on Pyramid scams

2023-05-15
On: May 15, 2023

Nearly 30 complaints have been received in the last four months with regard to the prohibited pyramid scheme scams, theContinue Reading

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