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He Promised Lucrative Interest Rates on Loans. but He Kept Most of Them and Now He Has to Go to Prison.

Summary by iDNES.cz
Only one hearing lasted at the Ostrava Regional Court, the case of a businessman from the Ostrava region who collected over thirty million crowns from thirty people, which he promised to use for extraordinary profit. But he only improved life for himself and his closest relatives when, according to the lawsuit, he embezzled most of the collected funds. In the end, after his confession, the court sentenced him to four years and two months in pris…
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Only one hearing lasted at the Ostrava Regional Court, the case of a businessman from the Ostrava region who collected over thirty million crowns from thirty people, which he promised to use for extraordinary profit. But he only improved life for himself and his closest relatives when, according to the lawsuit, he embezzled most of the collected funds. In the end, after his confession, the court sentenced him to four years and two months in pris…

·Čestlice, Czechia
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iDNES.cz broke the news in Čestlice, Czechia on Tuesday, October 21, 2025.
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