Business news from Ukraine

Business news from Ukraine

Yugoslav princess from Karadjordjevic dynasty has found herself at the center of investment scandal

According to Serbian Economist, Princess Katarina T. Karadjordjevic has found herself at the center of a financial scandal in the UK after a private investor claimed to have lost 50,000 pounds in a project he invested in, trusting her and her business partner. This was reported by the British Daily Mail.

According to the publication, the investor in question is British dermatologist Robin Russell-Jones, who met the princess in London. Shortly thereafter, her close associate and business partner Sharon Rea offered him the opportunity to invest £50,000 in a purported international project promising returns of up to £4 million. It was claimed that the initiative allegedly had the backing of international institutions, including the International Monetary Fund.

However, the project later turned out to be a sham, and the invested funds disappeared. The investor took the matter to court and won the case, but the money has still not been returned to him. According to the court ruling, Sharon Rea must repay the debt in installments—£100 per month.

The publication notes that Princess Catherine’s collaboration with Rea lasted at least five years. During this time, they promoted a number of international initiatives, including hospital construction projects and the organization of the Tsunami of Sound charity concert series; however, according to the report, none of these projects were ultimately implemented.

When the investor began to doubt the project’s credibility, he tried to contact Princess Katarina to verify information about her partner but received no response. The princess herself did not respond to media inquiries, while some of her acquaintances suggest she may have been misled.

The Karadjordjevic dynasty is a Serbian and Yugoslav royal dynasty that traces its origins to Karadjordje, the leader of the First Serbian Uprising. Members of the dynasty ruled Serbia in the 19th and early 20th centuries, and later the Kingdom of Serbs, Croats, and Slovenes and the Kingdom of Yugoslavia from 1921 to 1941.

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PRESIDENT PLEDGES TO DEAL WITH RELIGIOUS CORRUPTION SCANDAL IN UMAN – HEAD OF ORTHODOX JEWISH CHAMBER OF COMMERCE

The President of Ukraine was informed of an extremely unpleasant incident in Uman, the Hasidic pilgrimage center, in which the city authorities were involved.
This was stated by the founder and head of the Orthodox Jewish Chamber of Commerce (New York), Duvi Honig.
“The Chamber of Commerce of Orthodox Jews sent a delegation here to call on President Zelensky to stop corruption in Uman, where land is being taken away from Jews. The local mayor and his deputy are demanding huge bribes in exchange for permission to build a memorial complex that includes a twenty-thousand-seat synagogue to accommodate everyone who comes to the city to meet Rosh Hashanah (Jewish New Year – Ed.) They demand 300 thousand dollars into their own pockets. We have all the documents, but they want to change the zoning and make a park on the land unless they receive these dollars. Today we met with President Zelensky after we had passed this information onto him two days ago, and the president said that he would personally deal with this matter. We are now sending him all the documents, but he has already sent a delegation from the President’s Office to Uman to deal with the situation on the spot, and this has already been done,” he said.
“We thank President Zelensky for his quick response and leadership. We were pleased to meet with him and we will help the people of Ukraine, the people of Kyiv and Uman, become a modern nation, rather than a third world country. People who come to Uman from the United States, Canada, Israel, Europe should live in normal conditions, have a normal spiritual center, because currently there is no proper infrastructure. And, of course, the mayor and his deputy must leave their posts. They must understand that it is impossible to blackmail and sabotage and use own society as a piggy bank,” Duvi Honig said.
Recall that for more than 10 years the Jewish religious community of Bratslav Hasidim has been fighting for the right to build a Jewish memorial complex in Uman – one of the largest Jewish spiritual centers in Ukraine.
The head of the orthodox Jewish Chamber of Commerce is Mr. Duvi Honig.

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