Was Radovan Vítek’s €52 Million Payment to His Son a Crime?
Czech billionaire Radovan Vítek is the majority stockholder of CPI Property Group, a debt-heavy European real estate conglomerate that borrowed billions from institutional investors while enriching insiders through a maze of dubious transactions. In 2020, when Vítek’s son Patrick was 22, he, or perhaps his father on his behalf, set up Mountfort…
