Signa Founder René Benko Arrested in Innsbruck

The authorities took the 47-year-old into custody at his villa on allegations of fraud and fraudulent bankruptcy.
Italy Issues Arrest Warrant for Austrian Billionaire René Benko

Prosecutors allege that Benko is a central figure in a suspected criminal network linked to real estate developments in northern Italy.
Court Rejects Signa’s Restructuring Plan in Historic Collapse

The Vienna Higher Regional Court has upheld an appeal by the Republic of Austria, rejecting the restructuring plan of the collapsed developer Signa in Austria’s largest-ever bankruptcy.