In an ongoing investigation into wrongdoing in the sale and purchase of real estate on behalf of the firm Kermas Ulaganja, owned by businessman Danko Koncar, the police in the northern Adriatic city of Pula have established that the first suspect, Vinka Cetinski, and her associates have defrauded Koncar of another 2.9 million kuna, which brings the total amount defrauded to more than 63 million kuna.
Cetinski, a former manager of Kermas Ulaganja, lawyer Boris Sorgo and his son Marin, who own real estate agencies, and lawyer Zeljan Hrvatin are suspected of having defrauded Kermas Ulaganja through fraudulent deals. From 2007 to 2009, contrary to the firm's interests, the suspects were buying real estate at higher prices than those that prevailed in the area at the time and stated even higher amounts in the contracts. The difference between the stated and actual price they kept for themselves.
The police said on Monday that the investigation was expanded to include yet another suspect, a 64-year-old man.
It has been established that the new suspect, who according to unofficial reports is Cetinski's husband Mirko Cetinski, a well-known singer, in three cases of brokerage agreed on real estate purchase with parties selling real estate, after which he received from those parties around 2.5 million kuna in cash.
The police have also established that lawyers Boris Sorgo and Zeljan Hrvatin, who until now were suspected of aiding and abetting, in one case of brokerage received around 388,000 kuna in cash as the difference between the agreed and the actual price of the purchased real estate.
The police have reported the latest findings to the Pula County Prosecutor's Office.
Koncar pressed charges against Cetinski, his long-time associate and director of Kermas Ulaganja, last October, accusing her of fraud and abuse of authority. He said that he had authorised her to buy land in Istria and that she defrauded him of 16.5 million euros.
