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‘Why didn’t you ask for the code?’: Pyramid scheme suspect

One of the three men facing charges over the notorious bankrupt pyramid schemes, Patrik Paschinger, said he does not understand why police did not ask him for the code to a CD with information on the companies' clients that the prosecutor general received from HZDS chairman Vladimír Mečiar.

Police announced they had unlocked the information on the CDs this fall, after years of trying to crack the code.

Pachinger, David Brtva and Jozef Majský stand accused in the case of the bankrupt pyramid schemes, BMG Invest and Horizont Slovakia. They were released from custody on the last day of November, because the Special Court missed the deadline to file a proposal to extend their detention.

Pachinger also said in the interview with the Hospodárske Noviny, published December 3, that he wants to communicate with the government about his plan to reimburse the clients of the pyramid schemes. The plan guarantees that the market will return the lost savings and the state will not have to contribute a single crown, he said.


Compiled by Zuzana Vilikovská from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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