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Sri Lanka Cenbank says Procare firms engaged in prohibited pyramid schemes

Summary by cbsl.gov.lk
The Central Bank of Sri Lanka has determined Pro Care (Pvt) Ltd., Shade of Procare (Pvt) Ltd have engaged in a scheme prohibited under Section 83 (C) of the Banking Act, No. 30 of 1988, as amended. FULL TEXT Published Date: Friday, March 21, 2025
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cbsl.gov.lk broke the news in on Friday, March 21, 2025.
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