Benko jailed for harming creditors

Trial of René Benko: 'Having come to terms with the possibility that he could harm someone'

In Innsbruck, the failed real estate magnate René Benko must endure his first conviction. When the judge reads the verdict, he stiffens. But things could have been much worse for him.

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Financial Times

Austrian property tycoon René Benko sentenced to two years in jail

A fraud trial is likely to be the first in a series of cases related to the collapse of the real estate group Signa.

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Die Zeit

Trial against René Benko: One cent saves him from up to ten years in prison

René Benko has been sentenced to two years in prison for harming his creditors. A partial victory for the real estate entrepreneur, but it's only the beginning.

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Die Zeit

Austria: René Benko convicted in first trial of two years' imprisonment

In Austria, investor René Benko was found guilty of harming his creditors. In a separate matter, there was, however, an acquittal

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La Repubblica

René Benko sentenced to two years for fraudulent bankruptcy

The former Austrian magnate is accused of a €300,000 donation to his mother drawn from funds available to creditors.

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Der Spiegel

René Benko: Two years' imprisonment for the real estate magnate over harming creditors

A lay judge court sentenced the real estate magnate René Benko to two years' imprisonment for harming his creditors. He was acquitted on other charges.

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Süddeutsche Zeitung

Trial: Benko sentenced to two years' imprisonment

The investor allegedly moved assets worth 300,000 euros to the side to the detriment of his creditors. This is likely only the first ruling against Benko; 14 more cases are pending

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Der Standard

René Benko sentenced to two years in prison

René Benko, the beleaguered real estate magnate and founder of Signa, was on Wednesday at Innsbruck's regional court convicted by a lay-judge panel of fraudulent conduct and sentenced to an unconditional two-year prison term. While he was acquitted in the matter involving a €360,000 prepayment of rent and operating costs, he was found guilty in connection with a €300,000 donation to his mother. The verdict is not yet legally binding.

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Corriere della Sera

Benko and the Signa collapse: the former real estate tycoon sentenced to 2 years for fraudulent bankruptcy

The Vienna verdict concerns a donation of about 300,000 euros to his mother during insolvency. He was acquitted of charges related to the prepayment of rent for a villa.

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Der Spiegel

René Benko: Court sentences real estate magnate to two years in prison for harming creditors

A lay-judge court has sentenced real estate magnate René Benko to two years in prison for harming his creditors. He was acquitted on other charges.

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Frankfurter Allgemeine Zeitung

After Signa's downfall: René Benko sentenced to two years in prison

The former real estate entrepreneur René Benko was partially found guilty in the first trial since his arrest in January. More verdicts are expected.

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Tages-Anzeiger

Verdict against Signa founder: Brief first trial for René Benko

The court sentenced the real estate entrepreneur to two years in prison. He is said to have harmed his creditors. This is just the beginning of what is likely to be a long series of lawsuits.

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Frankfurter Allgemeine Zeitung

Benkos' star defense lawyer: A lawyer for the rich and powerful – but not only

The Austrian Norbert Wess is aware of his celebrity status. But alongside politicians and former billionaires, he also defends the poor in court. His client René Benko was nevertheless sentenced in Innsbruck to two years in prison.

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Frankfurter Allgemeine Zeitung

Benko's star defense lawyer: An attorney for the rich and powerful—but not only

The Austrian Norbert Wess is aware of his celebrity status. But alongside politicians and ex-billionaires, he also defends the poor in court. His client René Benko was nonetheless sentenced in Innsbruck to two years in prison.

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Neue Zürcher Zeitung

'Re René Benko was aware of every payment in his circle': Signa founder must go to prison for two years

The regional court in Innsbruck convicted René Benko over a transfer to his mother. It will likely take decades to fully work through the Signa affair.

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Der Standard

Almost everyone was at Benko

Politically, support for the Signa founder came mainly from the Black-Blue coalition.

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Süddeutsche Zeitung

Verdict against real estate entrepreneur: Brief first trial for René Benko

The court has sentenced the real estate entrepreneur to two years in prison. He is accused of harming his creditors. This is only the beginning of what is likely to be a long series of trials.

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Handelsblatt

Real estate dealer on trial: 'Benko is a fighter' - Two years' imprisonment for the former billionaire

It was just a two-day trial—a small slice of the many investigations into René Benko. But it's the first verdict against the former billionaire.

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Handelsblatt

Insolvency case: René Benko sentenced to two years in prison

The trial against René Benko in Innsbruck ends with a verdict of guilty. The court found it proven that he diverted money before the insolvency. More trials are pending.

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Der Standard

A verdict of guilty, a verdict of acquittal: How did the ruling against René Benko come about?

A lay-judge panel of the Innsbruck Regional Court convicted the Signa founder of an unconditional prison sentence of 24 months. In a second charge, Benko was acquitted.

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