I hope none of PF posters invested his/her funds in Amber Gold.
Clients of the troubled parabank Amber Gold have not yet been able to start withdrawing their deposits, as they had been told they could from today, reported TVN24. In one Warsaw branch clients were told they would have to wait several days for their money and will lose up to 35 percent of the value of their deposits.
Amber Gold stopped paying out money on August 3 after the firm's clients had effectively made a run on their accounts, following media speculation that the company was running out of money.
The speculation began when OLT Express, a firm owned by Amber Gold, began suspending flights due to lack of funds - it filed for bankruptcy last week. The scrutiny intensified after Polish media reported that Marcin Plichta, the owner of Amber Gold, had previously been convicted of fraud.
biznes.onet.pl/amber-gold-zabiera-klientom-prawie-polowe-ich-pien,18543,5211095,1,news-detal
wbj.pl/article-60015-amber-gold-president-pledges-to-repay-clients-blames-govt-conspiracy.html
magielfinansowy.nowyekran.pl/post/70440,zlociutki-cos-tu-smierdzi
Enraged clients accuse the Polish authorities of having ignored the parabank`s suspicious activities. But the warnings have been available for everybody to read on Financial Supervision Commission`s site for over 2 years.
Come on, guys, the state isn`t able to think for every citizen.
Clients of the troubled parabank Amber Gold have not yet been able to start withdrawing their deposits, as they had been told they could from today, reported TVN24. In one Warsaw branch clients were told they would have to wait several days for their money and will lose up to 35 percent of the value of their deposits.
Amber Gold stopped paying out money on August 3 after the firm's clients had effectively made a run on their accounts, following media speculation that the company was running out of money.
The speculation began when OLT Express, a firm owned by Amber Gold, began suspending flights due to lack of funds - it filed for bankruptcy last week. The scrutiny intensified after Polish media reported that Marcin Plichta, the owner of Amber Gold, had previously been convicted of fraud.
biznes.onet.pl/amber-gold-zabiera-klientom-prawie-polowe-ich-pien,18543,5211095,1,news-detal
wbj.pl/article-60015-amber-gold-president-pledges-to-repay-clients-blames-govt-conspiracy.html
magielfinansowy.nowyekran.pl/post/70440,zlociutki-cos-tu-smierdzi
Enraged clients accuse the Polish authorities of having ignored the parabank`s suspicious activities. But the warnings have been available for everybody to read on Financial Supervision Commission`s site for over 2 years.
Come on, guys, the state isn`t able to think for every citizen.