The Central Financial institution of Sri Lanka has expanded its nationwide record of prohibited pyramid.
The up to date January twentieth, 2025 record now contains Qnet, MTFE and Ledger Block and Journey to Three Freedom.
- QNet is a long-running Malaysian MLM pyramid scheme that’s at the moment concentrating on Russia, India, Turkey and Australia (SimilarWeb)
- MTFE is a collapsed Dubai-based MLM buying and selling bot Ponzi
- LedgerBlock is one other collapsed Boris CEO MLM crypto Ponzi
- Journey to Three Freedom is a 1% a day MLM crypto Ponzi
The Central Financial institution warns the above scams
have engaged in a scheme prohibited beneath Part 83 (C) of the Banking Act, No. 30 of 1988 as amended.
OnMaxDT is one other MLM crypto Ponzi that featured on the Central Financial institution’s earlier Might 2023 record. The record contains of MLM scams however the remaining are unknown to BehindMLM.
- Tiens Lanka Well being Care (Pvt) Ltd
- Finest Life Worldwide (Pvt) Ltd
- Mark – Wo Worldwide (Pvt) Ltd
- V M L Worldwide (Pvt) Ltd
- ………………………………….
- Fast3Cycle Worldwide (Pvt) Ltd
- Sport Chain app, Sport Chain zs society Sri Lanka
- OnmaxDT
- MTFE App, MTFE SL Group, MTFE Success Lanka, MTFE DSCC Group
- Fastwin (Pvt) Ltd
- Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
- Journey to Three Freedom (Pvt) Ltd
- Qnet
- Period Miracle (Pvt) Ltd. And Genesis Enterprise College
- Ledger Block
- Isimaga Worldwide (Pvt) Ltd
- Beecoin App and Sunbird Basis
- Windex Buying and selling
- The Enrich Life (Pvt) Ltd
- Sensible Win Entrepreneur (Pvt) Ltd
- Internet Fore Worldwide (Pvt) Ltd./ Netrrix
Quantity 5 is redacted on the second record attributable to “a court docket order”. If we have a look at the Might 2023 record nevertheless we will see International Way of life Lanka is lacking. I consider that is the redacted firm.
The Central Financial institution doesn’t disclose the character of the authorized proceedings behind the second record redaction.