Mojžiš ditches Drukos fund

FRANTIŠEK Mojžiš, the owner of the crashed Drukos BDV pyramid fund in which 40,000 people may yet lose an estimated four billion crowns ($90 million), has sold his stake in the firm for a nominal sum to the Dutch Telean Investments.

Mojžiš promised the new owners could begin repaying deposits next month, with full principals and interest to be returned over two to four years.

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