The Frank Report

The truth is always fair

Frank Report
The truth is always fair

Radovan Vítek

Vitek: Two Boats, Built to Run — and 19 Banks on Notice
News

Vitek: Two Boats, Built to Run — and 19 Banks on Notice

Two Czech partners say Vítek took €320 million. A Cyprus court froze half a billion. Goldman Sachs was told. Nobody in America has moved.

By Frank Parlato | August 22, 2026
Radovan Vítek's €188 Million Took a Trip and Came Back Home
News

Radovan Vítek's €188 Million Took a Trip and Came Back Home

€188 million passed through six shell companies in one day and ended in Radovan Vítek's personal account. Luxembourg's fine: €12,500.

By Frank Parlato | August 21, 2026
MOTHER LODE: €330M Ran Through Vítek's Mom
News

MOTHER LODE: €330M Ran Through Vítek's Mom

Benko went to prison for €300,000 moved to his mother. A €330 million portfolio ran through Vítek's. Nothing has happened yet.

By Frank Parlato | August 12, 2026
CZECH, PLEASE: Vitek Hid the Payout He Owed for 3 Years
News

CZECH, PLEASE: Vitek Hid the Payout He Owed for 3 Years

A Manhattan fund predicted exactly how Radovan Vítek would strip ORCO. All three predictions came true within 30 months. The regulator later agreed.

By Frank Parlato | August 11, 2026
Vítek’s $7.2B Question: Where Did the Money Come From?
News

Vítek’s $7.2B Question: Where Did the Money Come From?

A Luxembourg regulator found Radovan Vítek took control of ORCO in secret. He never made the buyout offer. He's never been charged.

By Frank Parlato | August 10, 2026
The French Village That Billionaire Vitek Could Not Buy
Investigations

The French Village That Billionaire Vitek Could Not Buy

A Czech billionaire built a secret 14,000 sq ft palace in France's prettiest village on a permit for a farmhouse. Now a court says tear it down.

By Frank Parlato | June 29, 2026
Bonnie Tyler Is Out Of Her Coma But Still In Intensive Care In Portugal
Arts & Culture

Bonnie Tyler Is Out Of Her Coma But Still In Intensive Care In Portugal

Bonnie Tyler's family posted an update on her condition Monday that gave fans their first genuine reason for hope since the Total Eclipse of the Heart singer was rushed into emergency surgery in…

By Frank Parlato | June 16, 2026
Forbes Says Vítek Is Worth $7.2 Billion. The Numbers Say Otherwise
General

Forbes Says Vítek Is Worth $7.2 Billion. The Numbers Say Otherwise

His Forbes-reported net worth is $7.1 billion, making him the 542nd richest person in the world, according to Forbes, and 6th richest in his native Czech Republic.

By Frank Parlato | May 31, 2026
Radovan Vítek: Is the Billionaire Broke?
General

Radovan Vítek: Is the Billionaire Broke?

This is the latest in a continuing series on Radovan Vítek and his real estate company, CPI Property Group. CPI Property Group answers to one man. He controls the board, and the managers. He controls…

By Frank Parlato | May 28, 2026
Was Radovan Vítek’s €52 Million Payment to His Son a Crime?
General

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…

By Frank Parlato | May 23, 2026
How Radovan Vítek Bought a Yacht With Bondholders’ Money
General

How Radovan Vítek Bought a Yacht With Bondholders’ Money

This is the latest installment in a continuing series on Czech billionaire Radovan Vítek and the financial structure of his publicly traded real estate empire, CPI Property Group. I have been…

By Frank Parlato | May 13, 2026
Inside Vítek’s CPI: A Czech Billionaire’s House of Cards
Criminal Justice

Inside Vítek’s CPI: A Czech Billionaire’s House of Cards

Two Czech businessmen — Marek Čmejla and Jiří Diviš — placed their trust, and a great deal of money, in a real estate operator named Radovan Vítek. Vítek ran the company. They called it a “parity…

By Frank Parlato | May 9, 2026
Radovan Vítek: The Man Forbes Calls Self-Made
General

Radovan Vítek: The Man Forbes Calls Self-Made

Forbes puts his worth at $7 billion. That ranks him 525th in the world. They call him self-made.

By Frank Parlato | March 30, 2026
Germany’s Mark Branson Promised to “Step on Toes” — But Not Radovan Vítek’s
General

Germany’s Mark Branson Promised to “Step on Toes” — But Not Radovan Vítek’s

The Promise

By Frank Parlato | February 10, 2026
Czech Magnate Living in Ringo Starr’s Mansion Allegedly Built €20 Billion Fortune Looting American Pension Funds, and Using His Own Mother as a Shell Company Owner
Criminal Justice

Czech Magnate Living in Ringo Starr’s Mansion Allegedly Built €20 Billion Fortune Looting American Pension Funds, and Using His Own Mother as a Shell Company Owner

There are some0 in the media and in politics who are asking, during “Davos” in the Swiss Alps that hosts the World Economic Forum (WEF) annual meeting every January, will Radovan Vitek, the man whom…

By Frank Parlato | January 24, 2026
Radovan Vitek’s Rise Was No Miracle — It Was a Shell Game
Investigations

Radovan Vitek’s Rise Was No Miracle — It Was a Shell Game

A New Test for BaFin

By Frank Parlato | December 9, 2025
The Man Who Mined Paper: Inside Radovan Vitek’s Empire of Mirrors
General

The Man Who Mined Paper: Inside Radovan Vitek’s Empire of Mirrors

The Croesus of Luxembourg

By Frank Parlato | October 29, 2025
Czech Billionaire Radovan Vitek Faces New Scrutiny Over Secrecy, Lawsuits, and Silence
General

Czech Billionaire Radovan Vitek Faces New Scrutiny Over Secrecy, Lawsuits, and Silence

The Question

By Frank Parlato | October 7, 2025