Biznes Fakty
Arrest for former chief accountant of Cinkciarz.pl
Cinkciarz.pl websiteCinkciarz.pl
On Thursday, Adam Bodnar, the Prosecutor General and Minister of Justice, revealed via social media that Monika J., the former chief accountant and representative of Cinkciarz.pl, has been temporarily detained. „She faces charges for her involvement in the commission of fraud,” he stated, noting that she has confessed to the alleged offense. The prosecutor’s office clarified in a statement that this pertains to „the accusation of improper management of assets exceeding PLN 112 million.” She could potentially face a prison sentence of up to 25 years.
„A decision has been made to temporarily detain Monika J., the former chief accountant and representative of Cinkciarz.pl. She is accused of participating in the perpetration of fraud. She has acknowledged her involvement in the act she is charged with,” Adam Bodnar, Prosecutor General and Minister of Justice, conveyed on the X platform.
„Prosecutors and law enforcement are diligently working to identify those accountable for the fraud that has impacted nearly 7,000 individuals across Poland, ” he added.
Charge of involvement in perpetrating fraud
„The accused Monika J. has been charged with participation in the crime of fraud, which involved causing numerous individuals to make unfavorable disposals of property totaling over PLN 112 million by misleading them regarding the relevant circumstances pertaining to the agreements made through the Cinkciarz.pl mobile application, including the true purpose of the funds received from the affected parties as part of online currency exchanges and payment services, which funded, among other things, the operational activities of companies within the Conotoxia Holding Capital Group,” the Regional Prosecutor’s Office in Poznań explained in a press release.
Furthermore, „the court concurred with the prosecutor’s stance, indicating that the evidence gathered thus far strongly supports the likelihood that Monika J. committed the crime she is accused of.”
„The offenses that the suspects are alleged to have committed carry a potential penalty of up to 25 years’ imprisonment,” the release stated.
This isn’t the first arrest linked to this case.
Earlier in March of this year, Robert G., a board member of Cinkciarz.pl, was taken into custody in relation to this matter. He was alleged to have assisted in perpetrating fraud by leading several individuals to make unfavorable disposals of their property.
„The prosecutor also submitted a request to the court for the temporary arrest of Marcin P., CEO of Cinkciarz.pl, in order to initiate a search for him through the issuance of an arrest warrant,” Bodnar noted on the X platform.
He also remarked, „The investigation is being conducted by a team at the Regional Prosecutor’s Office in Poznań, consisting of a total of 12 individuals, including prosecutors and police personnel.”
x.com
Customer grievances regarding transfer delays
At the start of October, the Polish Financial Supervision Authority announced that it was taking action following customer complaints regarding the execution of currency exchange services by the online currency exchange platform Cinkciarz.pl. The Office of Competition and Consumer Protection reported that it had received complaints regarding delays in currency exchange and money transfer processes. Customers were to be notified about the issue, which is expected to be resolved by the end of October.
One day later, the KNF revoked the authorization for Conotoxia to offer payment services, which operates through agents Cinkciarz.pl and Cinkciarz.pl Marketing. After the KNF’s notification in October, the Poznań regional prosecutor’s office launched an investigation into allegations of defrauding numerous individuals utilizing the online currency exchange service.
