UOKiK prosecuting three companies for possible Ponzi scheme

The President of Office of Competition and Consumer Protection has presented charges against three companies that could have created a promotional pyramid.

Luxinvest, Quantum (both companies from Nowy Sącz) and Quantum International EN from Cheyenne in the United States have been presented with allegations concerning the promotion and operation of pyramid-type systems.

“Currently, the activities of these companies may be known to consumers under the brand ‘Quantum International’. During the investigation, it was found that the same people were behind them. The basis for our actions was a signal from the consumer,” Tomasz Chróstny, President of UOKiK, said

In their advertising communications, the companies stressed that they assisted consumers with claiming compensation and sold training services. They also organized nationwide conferences at which they presented the terms of cooperation. However, it follows from the previous findings of the Office that the main activity of these companies may be selling packages and recruiting new people, while advertising of compensation services or training services may be aimed at giving them credibility in the eyes of consumers.

The Office assessed that unfair market practice is not only establishing and running pyramids, it also includes their promotion.

(PAP)