95 bank accounts belonging to ONMAX DT pyramid scheme frozen as per court order

The Colombo Chief Magistrate's Court has ordered the freezing of bank accounts belonging to six individuals identified as members of the Board of Directors of 'ONMAX DT', a private firm suspected of running a pyramid scheme. The frozen bank accounts are believed to contain deposits amounting to Rs. 790 million. So far, 95 accounts belonging to the company have been suspended.

 

 

The Financial Crimes Investigation Division initiated investigations into the firm based on a complaint from the Director of the Financial Intelligence Unit of the Central Bank of Sri Lanka (CBSL). CBSL officials confirmed that ONMAX DT was operating as a pyramid scheme. The details were presented before the Colombo Chief Magistrate's Court.

 

 

The individuals identified as members of the company's Board of Directors, namely Sampath Sandaruwan, Athula Indika Sampath, Gayashan Abeyratne, Madhuranga Prasanna, Saranga Randika, and Dhananjaya Gayan, were found to have Rs. 790 million in their bank accounts. The court ordered the suspension of these accounts and the amount in question.

 

 

The amount of money defrauded by the company is yet to be determined. Still, the investigating officers estimate it is at least twenty times more than the funds in the suspended accounts.

 

 

Although no complaints have been received from the public regarding the pyramid scheme, the police encourage anyone who has fallen victim to the procedure to come forward and lodge a complaint at their nearest police station.