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Posted inRegionsSoutheastern Europe

Albania Compensates Pyramid Scheme Depositors

3 April 2002 TIRANA, 2 April (Shekulli)–Following a recent government decision, the Savings Bank of Albania will reimburse a percentage of the deposits lost by people who invested in Cenaj & Co, a failed pyramid investment scheme. The Albanian government decided on 31 March to approve “the distribution of the revenues from the sale of […]