Tag: shell companies
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Forbes’ Radovan Vítek Problem
Forbes says Radovan Vítek is worth $7.2 billion. But the numbers behind CPI Property Group tell a darker story. CPI claims more than €20 billion in assets against roughly €13…
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Pension Raider Radovan Vítek
Radovan Vítek is virtually unknown to most Americans. But to U.S. teachers, firefighters, and pension beneficiaries, his name is tied to staggering losses. European regulators and U.S. lawsuits allege that…
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The Man Who Mined Paper: Inside Radovan Vitek’s Empire of Mirrors
Radovan Vitek built his empire not from stone or steel but from signatures and paper. The Czech-born magnate turned Luxembourg’s corporate landscape into a maze of shell companies, hidden trusts,…

