Overview
- Hearings are scheduled for December 10 and 16 at the Landesgericht Innsbruck, the court confirmed.
- Prosecutors allege René Benko hid €120,000 in cash along with luxury watches and other valuables in a relative’s safe, an offense carrying potential prison terms of up to ten years.
- In October, Benko received a two-year sentence in a separate case over a €300,000 transfer to his mother, though both sides appealed and the verdict is not final.
- Authorities are pursuing wider probes into suspected serious fraud, breach of trust and corruption tied to the Signa collapse, with estimated damages around €300 million and roughly a dozen suspects plus two associations under scrutiny.
- Creditreform reports about 3,000 creditors have lodged roughly €40 billion in claims against the Signa estate, with about €12 billion recognized and a resolution expected to take at least a decade.