Former president of a company board has been detained
Fraudulent VAT invoices and services that were not rendered. Over two thousand people suffered a loss of at least PLN 600 million. Detention of the former CEO of the company. The company managed investment funds.
As part of the investigation into an organized crime group, the officers of the Regional Office of the CBA in Poznań have detained the former president of a company's management board. The company she headed managed the assets of four investment funds. The detainee created and managed a Ponzi scheme in the form of four closed-end non-public equity investment funds. The activities of the criminal group brought more than 2,000 people to an unfavorable disposal of their assets, amounting to at least PLN 600 million. The damage to the assets in funds has been estimated at not less than PLN 90 million.
The detained former president is liable for issuing VAT invoices which certify the untruth. Their total value amounts to over PLN 400,000. The invoices were issued for alleged services consisting in the development and construal of the Act on the Agricultural System and the construal of the Act on Pre-emptive Right in Wooded Areas. Actually, the services had not been rendered.
Previuosly, 30 individuals were detained in connection with this investigaton, out of which 7 were remanded in custody. Altogether, 35 suspects were presented with charges.
T. Brodowski, CBA