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Tusk being questioned in Polish probe into pyramid scheme

Donald Tusk, the head of the European Council, is being questioned in his native Poland as part of a parliamentary investigation into a pyramid scheme that cheated thousands of Poles out of their savings during his time as prime minister

Tusk being questioned in Polish probe into pyramid scheme Image Source : APTusk being questioned in Polish probe into pyramid scheme

WARSAW, Poland (AP) — Donald Tusk, the head of the European Council, is being questioned in his native Poland as part of a parliamentary investigation into a pyramid scheme that cheated thousands of Poles out of their savings during his time as prime minister.

The financial scam, which was revealed in 2012, has raised questions about the effectiveness of the government during Tusk's term, from 2007-2014, with authorities allegedly failing to react in time to warning signals about the Amber Gold financial institution.

Tusk's son Michal had dealings with Amber Gold.

The questioning is part of the ruling party's efforts to discredit Tusk, a political foe.

Prosecutors say some 19,000 investors lost over 850 million zlotys ($225 million) in what turned out to be a pyramid scheme, one of the biggest financial scandals in Poland.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.