Josip Heit Sentenced to Prison for Financial Fraud in Luxembourg

Scandal surrounding a halted hyrdoelectric plant has seen Croatian journalists link the project to Sasa Svalina and brother-in-law Josip Heit. Heit is currently going through a refund settlement nightmare, following securities fraud allegations pertaining to a billion dollar “fraudulent investment scheme”.

A recent scandal has emerged in Croatia involving a stalled hydroelectric plant, which has been linked to businessman Josip Heit and his brother-in-la...

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