Cinkciarz.pl in Crisis: Bankruptcy Filing Raises Concerns for Clients and Staff
I still remember contacting Cinkciarz.pl to pitch them some amazing marketing ideas few years ago, i was professionally told to go away by their then blue haired marketing manager, i did try to reach out again via a senior developer, but yet again dismissed. I wrote these ideas down, and kept an eye on the company, and saw it go from irrelevance to more irrelevance throughout the years, failing to adapt and failing to seize opportunities. At the time Cinkciarz was organising big developers meetings and even sponsoring the Chicago Bulls.
The financial troubles of Cinkciarz.pl have escalated as an attorney representing a client has filed for the company’s bankruptcy. Employees and customers are left in uncertainty, with workers missing wages and clients unable to access exchanged funds. The situation worsened after Poland’s Financial Supervision Authority revoked the company’s payment license, leading to significant delays in currency transactions.
An anonymous employee described the situation as a “moral and financial disaster,” claiming that workers were misled about the company’s stability and future plans. He accused the management of hiding financial struggles behind marketing tactics, including a failed plan to establish a new bank.
The company, however, denies financial wrongdoing and states it is fulfilling its obligations, viewing the bankruptcy filing as an attack on its business. Legal action is being considered against the individual who filed the petition.
Lawyer Piotr Mikołajczyk, representing a client who lost nearly 250,000 PLN, argues that the company must repay customers and suggests the situation resembles a financial pyramid scheme. He believes the bankruptcy case could take years unless funds, such as suspected cryptocurrency assets seized by authorities, become available.
Additionally, controversy surrounds a €6 million EU grant approved for Cinkciarz.pl despite ongoing fraud investigations. Regional authorities now demand updated financial documents before finalizing the funding.
Despite legal challenges and financial uncertainty, Cinkciarz.pl maintains its stance of innocence, attributing its troubles to regulatory decisions and alleged unfair competition practices.