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The Warsaw Voice » Business » May 22, 2018
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GetBack scandal continues
May 22, 2018   
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Troubled debt collector GetBack's former management is suspected by financial market watchdog KNF of causing the company substantial financial damage in relation to the acquisition of rival EGB Investments from fund house Altus TFI and purchase of receivables portfolios, unspecified sources tell daily Dziennik Gazeta Prawna.
The regulator also reportedly informed the prosecution services of possible misreporting of Q3 and Q4 2017 results by GetBack.
The prosecutors are additionally looking into possible negligence by asset managers Altus TFI, Noble Funds TFI and Saturn in supervising their securitization funds left under GetBack management, the newspaper's sources claim.
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