Trading academy promoters hit with UOKiK pyramid scheme fine
Consumer protection authorities have imposed a UOKiK pyramid scheme fine on six individuals promoting the iGenius platform. Regulators determined that the initiative used trading education merely as a front to recruit paying members.
⚡ Key numbers:
- 413,000 total regulatory fines imposed across six network promoters
- 99,000 highest individual sanction levied on an individual promoter
- 14.6 million previous penalty issued directly against the iGenius platform
- 2021 mark for the launch of the promotional group GameChangers
Trading courses used as cover for recruitment
The competition and consumer protection authority announced sanctions targeting active promoters of iGenius. As reported by Bankier.pl, promotional operations were orchestrated through an informal entity named GameChangers.
Investigators established that advertised educational materials served solely as an entry disguise. Participant rewards were directly tied to introducing and maintaining new paying users within the network structure.
Retail market participants can monitor suspected educational portals and unlawful operations via an active warning list of unauthorised firms.
Individual sanctions across the promoter network
Regulatory penalties across the six individuals reached a combined 413,000. Cezary Lewicki received the heaviest penalty of 99,000, while Wioletta Bialek was fined 84,000.
Further penalties were imposed on Dominika Janocha (72,000), Filip Gaworski (60,000), Adam Biernat (56,000), and Adrianna Rudnicka (42,000). The regulator additionally ordered Adam Biernat to halt the prohibited promotional conduct immediately.
Watchdog president Tomasz Chrostny noted that promises of effortless financial independence without work were an illusion, confirming that project gains stemmed solely from capital introduced by incoming recruits.
Platform appeal and probe into Better Experience
The individual sanctions follow an earlier decision against iGenius itself, which was hit with a 14.6 million fine in late 2025. That ruling remains under legal challenge before the courts.
Regulatory findings also revealed that several sanctioned promoters transitioned to advertising BE (Better Experience) after their iGenius collaboration ended. The watchdog has launched separate explanatory proceedings into that initiative.
Before subscribing to speculative educational courses, traders are advised to review how to verify a broker’s licence to ensure capital safety.
What to watch next
- Court ruling on the 14.6 million penalty appeal filed by iGenius
- Regulatory outcome of the ongoing explanatory inquiry into BE
- Further enforcement measures targeting online investment training networks
Market volatility brings opportunity, but also risk. If you trade through CFDs, choose a regulated broker — compare them in our forex broker ranking.
Frequently asked questions
Why were the trading platform promoters sanctioned?
They were penalized for operating an illegal recruitment pyramid scheme that concealed recruitment mechanisms behind educational courses.
What penalties did individual promoters receive?
The authority imposed 413,000 in total penalties across six promoters, with individual amounts ranging from 42,000 to 99,000.
What is the status of the platform iGenius?
The platform was fined 14.6 million in late 2025 and has appealed the administrative sanction in court.
Sources: Bankier.pl.
Disclaimer: This article is for information purposes only and does not constitute investment advice. Data as of Oct 21, 2026, 13:00 may vary by source. Trading leveraged CFDs carries a high risk of losing money.
This article contains AI-generated content.
