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René Benko at the Center of International Investigations: Arrest Warrant from Italy for Real Estate Projects
An international warrant for the arrest of Austrian real estate entrepreneur René Benko, founder of the Signa empire, has triggered a wave of investigations extending from Italy to Austria and Germany. The accusations range from corruption and criminal association to violations of tax law. While Benko was questioned in Tyrol and remains at large, extensive investigations are underway in Italy, involving over 100 searches and the arrest of nine suspects.
Italian prosecutors have issued an arrest warrant for Austrian property tycoon René Benko. / Picture: © Italian and Austrian crossed flags by Vindobona.org
Benko, once a dazzling figure in the European real estate industry, had built a global empire with Signa that included prestigious properties such as the Chrysler Building in New York, Selfridges in London, and the Austrian Constitutional Court building in Vienna. However, Signa's high debts led to the company's collapse in 2023. The insolvency left banks, insurance companies, and…
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