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Benko and Wife Go on Trial in Innsbruck Over Alleged Hidden Safe of Cash and Luxury Watches

A verdict could come today, with a second hearing reserved for December 16.

Overview

  • Prosecutors charge René Benko and his wife with fraudulent bankruptcy over a safe said to contain €120,000 in cash, eleven high‑value watches and other items worth about €250,000.
  • Investigators say the safe was kept at relatives of Benko’s wife in Pfunds and was intended to keep assets out of creditors’ reach during his personal insolvency.
  • Day one includes statements from prosecution and defense, questioning of both defendants, and testimony from several witnesses.
  • Benko received a two‑year prison sentence in a separate case in October that is not yet final, and he has been in pre‑trial detention since January 2025; any eventual sentences would be combined under Austrian law.
  • The case proceeds alongside wide‑ranging probes into the Signa collapse, with the WKStA investigating 14 strands and a 606‑page SOKO Signa report guiding potential further charges.