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CBSL names 2 more companies as prohibited pyramid schemes

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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.

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