– The Central Bank of Sri Lanka (CBSL) has declared 27 companies, applications and organisations to be prohibited schemes following investigations conducted under Section 83(C) of the Banking Act, No. 30 of 1988, as amended.

According to the Central Bank, investigations found that Max App Media Ltd., together with its affiliated companies Max LK (Pvt) Ltd. and Max Media Lanka (Pvt) Ltd., had engaged in, conducted and promoted a prohibited scheme.The following companies, applications and organizations have also been identified and declared prohibited schemes under the relevant provisions of the Banking Act.

1. Tiens Lanka Health Care (Pvt) Ltd

2. Best Life International (Pvt) Ltd

3. Mark-Wo International (Pvt) Ltd

4. VML International (Pvt) Ltd

5. Global Lifestyle Lanka (Pvt) Ltd

6. Fast3Cycle International (Pvt) Ltd

7. Sport Chain App and Sport Chain ZS Society Sri Lanka

8. OnmaxDT

9. MTFE App, MTFE SL Group, MTFE Success Lanka and MTFE DSCC Group

10. Fastwin (Pvt) Ltd

11. Fruugo Online App / Fruugo Online (Pvt) Ltd

12. Ride to Three Freedom (Pvt) Ltd

13. QNet / Questnet

14. Era Miracle (Pvt) Ltd and Genesis Business School

15. Ledger Block

16. Isimaga International (Pvt) Ltd

17. Beecoin App and Sunbird Foundation

18. Windex Trading

19. The Enrich Life (Pvt) Ltd

20. Smart Win Entrepreneur (Pvt) Ltd

21. Net Fore International (Pvt) Ltd / Netrrix

22. Pro Care (Pvt) Ltd and Shade of Procare (Pvt) Ltd

23. SGO / sgomine.com

24. I.C.A.N. Advertising (Pvt) Ltd and its affiliated websites: icanonlineadvertising.com, bannercuts.com, bannercuts.lk, bannercusts.net and bannercuts.org

25. Infinity Rover (Pvt) Ltd

26. TM App

27. Max App Media Ltd and its affiliated companies, Max LK (Pvt) Ltd and Max Media Lanka (Pvt) Ltd.