Powered by

Real estate executive vanishes; lawsuits allege investors were bilked; Imperium Group CEO goes dark as real estate firm implodes, employees stop getting paid

Sep 16, 2019 - Crain's Detroit Business
Mergers and Acquisitions

Viktor Gjonaj is 6-foot-6 but no one can find him.

The metro Detroit commercial real estate executive hasn't been heard from in weeks and lawsuits have started to mount, including one in Oakland County Circuit Court alleging he stole from investors in what it called a "multi-million dollar Ponzi-type scheme" that also included his wife, Rose, and a business partner, Gregory Vitto.

The most detailed complaint so far, filed Aug. 26 by investors Kris Krstovski and Jerome (Jerry) Masakow...