Categories: Headlines

LNP – CBSL to launch ‘Anti-Pyramid National Awareness Week’ tomorrow

The Financial Consumer Relations Department of the Central Bank of Sri Lanka (CBSL) will launch the ‘Anti-Pyramid National Awareness Week’ from July 14 to July 18, 2025 under the

theme “Pyramid is a trap – don’t get into the wrong track.”

“This national initiative aligns with the CBSL’s mandate to maintain financial system stability and promote the well-being of financial consumers. The campaign aims to raise widespread awareness

on Prohibited Pyramid Schemes and the significant risks they pose to individuals and the broader economy.

The campaign is expected to generate substantial national awareness among a wide cross-section of the population, including school students and teachers, officers of the Tri-Forces, Civil Security Department personnel, officers of Sri Lanka Police, Government Sector employees and the public.

Outreach activities will be carried out through 6,172 schools and 14,022 Grama Niladhari (GN) divisions’ island-wide, ensuring extensive grassroot-level coverage and community engagement.

Throughout the awareness week, participants will be educated on legal provisions relating to prohibited pyramid schemes, the deceptive nature and structure of such business models, risks and

financial consequences of investing in pyramid schemes, real-life accounts and painful experiences of victims.

The CBSL encourages all members of the public to actively participate in the campaign and stay informed. Awareness and vigilance are the key to protecting oneself and others from financial fraud and

preserving trust in the financial system,” the CBSL said in a statement.

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Tyronne Jayamanne

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