Austrian Tycoon Rene Benko Sentenced to 2 More Years for Fraud
The court found he defrauded €5 million from a private foundation tied to Austrian industrialist Hans Peter Haselsteiner.
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68 Articles
An Austrian court on Thursday sentenced failed real estate tycoon René Benko to another two years in prison for serious fraud, just three weeks after he was placed under house arrest to serve an earlier sentence, Reuters reported.
osthessen-news.de
René Benko is said to have eluded an investor with a guarantee of five million euros. The court followed the prosecution. Further investigations against the ex-billionaire are ongoing. The Austrian real estate entrepreneur René Benko has been convicted of serious fraud in a new trial. The Landesgericht Innsbruck (Austria) considered it proven that the founder of the Signa Group had damaged an investor by five million euros, as a spokesperson of …
Austrian businessman Rene Benko, who suffered a major fall from grace after his real estate empire, Signa Holding, went bust, was handed two more years in
Suspected fraud against Haselsteiner Foundation: Why Signa founder René Benko was sentenced to two years in prison in a first million-dollar trial – not legally binding.
The allegations against the Austrian real estate investor René Benko are extensive: After a conviction for creditors' damages in September, another one is now followed for fraud. It is not yet legally binding.
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