Czech Republic faces bankruptcy over life insurance
The largest Czech insurance company was stealing money from its clients’ life insurance policies. It did this in several ways between 2005 and 2013 and between 2015 and October 2019. CNB was making a dead bug. Further, it did not inform its outside salespeople or employees at its own branches of these costs. To make matters worse it has cheerfully continued to deduct these costs since February 2019 in contravention of the Supreme Court judgment.
Source https://karelschweitzer.blog.idnes.cz/blog.aspx?c=793228