LNP – Central Bank lists Pro Care, Shade of Procare among prohibited schemes

The Central Bank of Sri Lanka has determined that Pro Care (Pvt) Ltd. and Shade of Procare (Pvt) Ltd. are engaged in a scheme prohibited under Section 83(C) of the Banking Act, No. 30 of 1988, as amended. 

In addition, the following companies and apps have been identified as participating in prohibited schemes under the same section of the Banking Act.

  1. Tiens Lanka Health Care (Pvt) Ltd  
  2. Best Life International (Pvt) Ltd  
  3. Mark-Wo International (Pvt) Ltd  
  4. V M L International (Pvt) Ltd  
  5. [Company Name Withheld]  
  6. Fast3Cycle International (Pvt) Ltd  
  7. Sport Chain App, Sport Chain ZS Society Sri Lanka  
  8. OnmaxDT  
  9. MTFE App, MTFE SL Group, MTFE Success Lanka, MTFE DSCC Group  
  10. Fastwin (Pvt) Ltd  
  11. Fruugo Online App/Fruugo Online (Pvt) Ltd  
  12. Ride to Three Freedom (Pvt) Ltd  
  13. Qnet  
  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