Hundreds of deceived people and losses of investors counted in millions - further detainees
Three directors of the Great Private Equity regional branches have been detained by the officers of the CBA Regional Office in Warsaw. At least 150 people have been harmed financially for at least PLN 16 million.
Three regional directors of the Great Private Equity have been detained by the officers of the CBA Regional Office in Warsaw. This time, further findings of the investigators have made it possible to carry out operations in Chorzów, Wrocław and Warsaw.
That is the third operation carried out in connection with the investigation conducted jointly by the CBA and the District Prosecutor's Office in Warsaw. Previously, as part of the investigation, the president and vice-president of Great Private Equity, two regional directors from Poznań and Kraków, and two former employees of the company were detained.
The proceedings pertain to issuing bonds and making investments on the FOREX market by companies involving those of the Great Private Equity Group. The investments include real property located in Warsaw, Nigeria, and Ghana. The companies' clients invested their savings in bonds, which were expected to yield 8 to 10 per cent. Due to the initial repayment of the bonds, the investors were offered reinvestments in which the profit was supposed to be guaranteed. After some time, however, the company's representatives became unreachable to the clients. In that way, individual investors lost from PLN 1 thousand to even over PLN 3,5 million. At least 152 persons were brought to a disadvantageous disposition of property of at least PLN 16 million.
The public prosecutor pressed charges of fraud to the detriment of the investors and conducting business in the area of trading in financial instruments without the required permission of the Polish Financial Supervision Authority (KNF). The prosecutor applied non-custodial preventive measures against the detainees.
The investigators continue to analyse the evidence gathered in this case as more individuals are reporting to the CBA. Therefore, we request all persons who entrusted their money to companies of the Great Private Equity group to contact the CBA Regional Office in Warsaw.
We also remind of the possibility of verifying whether an institution is on the KNF warning list — link: https://www.knf.gov.pl/en/CONSUMERS/Information_for_the_financial_market_consumers/Public_warnings.
Public Relations Division of the CBA