They promised fabulous profits and people believed. Another Ponzi scheme crashed into bankruptcy
The court declared bankruptcy on the assets of the investment company J.O. Investment. The company extorted over two billion crowns from 4,000 people. The company’s representatives are already standing trial on suspicion of fraud and money laundering. The events surrounding the collapsed investment firm J.O. Investment have entered another important phase. The Municipal Court in Prague has declared bankruptcy on the company’s assets.
Source seznamzpravy.cz/ekonomika-finance-slibovali-pohadkove-zisky-a-lide-uverili-dalsi-letadlo-spadlo-do-konkurzu