Hypo Group: Former CEO Sentenced to Prison

Business › n.a. ♦ Published: April 9, 2014; 13:38 ♦ (Vindobona)

Former CEO of Hypo and investor Tilo Berlin was sentenced to more than two years in prison.

Former members of Hypo Group's board have been sentenced to imprisonment because of breach of trust. / Picture: © Wikipedia / JJ55 (30 March 2008)

The court proceedings with regard to the sales campaign for preference shares in 2006 against former head of Hypo and investor Tilo Berlin reached a decision in the night from Tuesday to Wednesday. Berlin was sentenced to 26 months unconditional imprisonment because of breach of trust. The verdict is not yet final.

The prosecution has accused Berlin of having contributed to…

or Log In

Fast News Search
Related News
Hypo Group too Expensive for BayernLB (April 7, 2014)
Hypo Group: Heavy Burden for Austrian Fiscal Position (April 7, 2014)
ECB Puts Pressure on Hypo Group (April 5, 2014)
Hypo Group: „We Are not the Only One Who Must Pay“ (April 5, 2014)
Bosnian Billionaire to Acquire Hypo Group? (April 4, 2014)
Read More
Banking Industry, Hypo Group Alpe Adria, Justice, Equity Markets, Crime
Featured
Coronavirus in Austria: Update
Austrian Measures against the Novel Coronavirus
Is Vienna Prepared for the Novel Coronavirus?
Coronavirus Outbreak in Austria: Current Risk Assessment
Coronavirus: Temperature Checks Effective Immediately at Vienna Airport
See latest Vindobona Newsletter