The President of UOKiK has brought charges against the iGenius LLC company and its promoters. He has also issued a consumer warning. iGenius offers educational services in finance management. The Authority is of the opinion that a pillar of the company’s operations involves, however, an offer-related partner scheme which may constitute a pyramid-type incentive scheme.
The President of UOKiK explains whether online platforms such as BE Poland and GrowUp Session have violated collective interests of consumers.
Together with the media, institutions, organizations and consumers, we warn against fake investments and scam on a well-known person or company. We would like to thank the campaign partners for their commitment so far.
On 15 March, on the World Consumer Day, we are launching a public awareness campaign.
CK Investments offers consumers to purchase bills of exchange pointing to the certainty and security of the investment. Meanwhile, promises of a guaranteed return of capital can mislead consumers. President of UOKiK has brought charges against the company.
UOKIK has been taking up enhanced actions aimed at elimination of some alternative investment projects available online. The pyramid-like incentive schemes promise their participants some benefits which first and foremost are dependent on the introduction of subsequent persons into the system. UOKIK has been investigating whether platforms such as: iGenius, Dream Trips and Jifu had violated consumer collective interests.
President of UOKiK has found that Aforti Holding which had induced people to invest in the “Promissory Notes Offer" has violated the law. This is another measure taken by President of UOKiK in the alternative investment market. Aforti Holding is to pay more than 790,000 in fines for misleading consumers.
