Austrian prosecutors charge property tycoon Benko with fraud
VIENNA: Austrian prosecutors have formally charged Rene Benko, the disgraced founder of the failed Signa property empire, with insolvency-related fraud. The former billionaire has been detained for over five months as authorities investigate multiple financial crimes. The Central Prosecutors’ Office for Economic Crimes and Corruption (WKStA) alleges Benko diverted assets that should have repaid creditors,… Continue reading Austrian prosecutors charge property tycoon Benko with fraud