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CBSL Issues Public Warning Against Max App Media Ltd. and Affiliates for Operating Prohibited Schemes
CBSL Issues Public Warning Against Max App Media Ltd. and Affiliates for Operating Prohibited Schemes

The Central Bank of Sri Lanka (CBSL) has issued an official notice to the general public declaring that Max App Media Ltd. along with its affiliates, Max LK (Pvt) Ltd. and Max Media Lanka (Pvt) Ltd., have conducted and promoted prohibited schemes. 

Notice to General Public on Prohibited Pyramid Schemes - Max App Media Ltd.

In terms of Section 83 (C) of the Banking Act, No. 30 of 1988, as amended, the Central Bank of Sri Lanka has conducted an investigation and ascertained and determined that “Max App Media Ltd. together with its affiliated Max LK (Pvt) Ltd., Max Media Lanka (Pvt) Ltd.” had engaged, conducted and promoted a prohibited scheme.

Accordingly, the following Companies/Apps have also been ascertained and determined as prohibited schemes under Section 83 (C) of the Banking Act, No. 30 of 1988, as amended.

  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. Global Lifestyle Lanka (Pvt) Ltd

  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 Oline App/ Fruugo Oline (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., Shade of Procare (Pvt) Ltd

  23. SGO/sgomine.com

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

  25. Infinity Rover (Pvt) Ltd

  26. TM App

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

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