Missing businesman supposedly spotted in Cyprus

  • 2007-06-13
  • from wire report
Stanislovas Jucius, a businessman who went missing in Kaliningrad on April 18, has reportedly been spotted at a resort in Cyprus.
Jucius, 56, is CEO of the construction company Roslitsroj, and there has been widespread speculation about his fate since the disappearance.
Previous guesses at his whereabouts included speculation that he might have been kidnapped and killed to eliminate him from the profitable business of residential land development, that he may have been ruined by an affair with the wife of an influential, high-ranking Kaliningrad official or that he might be forced into hiding after conflicts with the local competition.
It is now believed that the businessman was forced to hide in Cyprus by huge outstanding debts.