A court in Innsbruck finds René Benko guilty. He must go to jail for 30 months. This is 2 and a half years. Benko pays money for a big house. This is 360,000 euro rent in advance. His firm Signa is almost broke then. Creditors should get this money. Creditors are people or firms who get money from Benko. Benko says: I am innocent. He believes in the rescue of his firm. He wants a normal life for his family. Before, there is another judgment. That time it is about money for his mother. Now the punishment is higher. Benko is in jail for 20 months already. He stays in jail. There are more charges against him.
Punishment for René Benko
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Definitions
- Creditor
- A creditor is a person or a firm. Someone owes money to the creditor. The creditor has the right to get this money back.
- Insolvency
- Insolvency means a person or a firm cannot pay bills anymore. People call this broke. A court takes care of the rest money.
- Krida
- Krida is a law word. It means someone hides money on purpose. Then creditors do not get it. This is against the law.
People
- René Benko
- René Benko is a known businessman from Austria. He founds the firm Signa. Before he is very rich.
Locations
- Innsbruck
- Innsbruck is a city in Austria. It is the capital of the state Tirol. The court case is there.
Sources
Tiroler Tageszeitung
René Benko bleibt nach Krida-Verurteilung weiter in Haft | Tiroler Tageszeitung Online
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