7 Arrested in GoldQuest Scheme


Seven persons who were caught promoting the GoldQuest network marketing scheme have been arrested in southern Sri Lanka, police said.

The seven who were having a GoldQuest promotional scheme were arrested under the new anti-pyamiding provisions of the Banking Act, police in the town of Karandeniya in the southern provincial, Galle district said.

“We arrested them on a complaint from the Central Bank,” Officer-in-Charge Kapila Kumara said.

This is the second time GoldQuest upliners have been arrested after the Central Bank brought in new anti-pyramiding laws to combat referral and network marketing schemes that operated as endless chains.

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