Frank Parlato

Frank Parlato

Showing 13 - 24 of 2113 Posts

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 contacted by officials in the Trump administration who have expressed interest in whethe

PART 2 The Dangerous OneTaste Precedent

On June 9, 2025, in United States v. Daedone et al., a federal jury in Brooklyn returned guilty verdicts against Nicole Daedone and Rachel Cherwitz on a single count of conspiracy to commit forced labor. On March 30, 2026, U.S. District Judge Diane Gujarati imposed sentences of 9

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 partnership.” With Čmejla and Diviš’s money Vitek bought buildings, land, hotels, an

The Unlocked Door: A Series on the OneTaste Precedent

United States v. Daedone and Cherwitz: A Series on the Precedent On June 9, 2025, in United States v. Daedone et al., No. 1:23-cr-00146-DG (E.D.N.Y.), a federal jury returned guilty verdicts against defendants Nicole Daedone and Rachel Cherwitz on a single count of conspiracy to