Ex-Tycoon Benko Handed Jail Sentence for Insolvency Fraud

Rene Benko, the founder of the defunct Signa luxury property empire, was handed a two-year jail sentence for insolvency fraud after Austria’s Supreme Court rejected attempts to annul an earlier...

By Marton Eder · Bloomberg

Rene Benko, the founder of the defunct Signa luxury property empire, was handed a two-year jail sentence for insolvency fraud after Austria’s Supreme Court rejected attempts to annul an earlier verdict.