€740 000 seized in EPPO investigation into misuse of EU funds in Czechia

Posted by Zoltán Tűndik March 22, 2023

 

At the beginning of March (7 March 2023), the European Public Prosecutor’s Office (EPPO) in Zlín (Czechia), together with the Czech Police, seized money and real estate properties worth €740 000 from a suspect and his company. On Monday this week (20 March 2023), the police brought charges against both the suspect and the company.

Between 2020 and 2021, the suspect – who was the beneficiary of a project financed by the European Regional Development Fund (ERDF) – and his company used five construction machines for mining activities, for which they had received €650 000 (CZK 16.2 million) in subsidies from the Czech Ministry of Industry and Trade. According to the investigation, they did not use the machines in the location specified for the project implementation, and therefore knowingly violated the conditions of the project. Consequently, they caused damage to the EU budget.

The Regional Police Directorate of the Moravian-Silesian Region in Ostrava (Krajské ředitelství policie Moravskoslezského kraje v Ostravě) gave extensive support to this investigation.

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Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.