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Another non-bank fund shark in jail

Matuš Grega, head of the AGW non-banking fund, has been charged with fraud in the fund’s closure this past February and its failure to repay client deposits on which it had promised high interest rates.

AGW is one of several such deposit funds which crashed this year, costing hundreds of thousands of depositors their life savings.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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