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A Young Man Made 3.5 Million Through Fraud and Emotional Manipulation, Then Squandered the Money

Summary by Novinky.cz
A 23-year-old man from Olomouc defrauded sixteen people from various parts of the Czech Republic of almost 3.5 million crowns. He lured them out of the money based on various legends and promises of investments, but used it exclusively for his own personal needs. He spent it mainly on renting expensive cars from a car rental company and also gambled away a lot of the money.

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A 23-year-old man from Olomouc defrauded sixteen people from various parts of the Czech Republic of almost 3.5 million crowns. He lured them out of the money based on various legends and promises of investments, but used it exclusively for his own personal needs. He spent it mainly on renting expensive cars from a car rental company and also gambled away a lot of the money.

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Novinky.cz broke the news in on Tuesday, June 3, 2025.
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