Former billionaire in court: Sentence: Two and a half years in prison for René Benko
About a year ago, the Austrian investor was sentenced for damaging his creditors. The proceedings had to be repeated in part. The sentence has been increased.
Austrian investor René Benko has been sentenced to two and a half years in prison by the Innsbruck Regional Court for damaging his creditors. The court found that Benko made a €360,000 advance rent payment for a property in Innsbruck despite his Signa company group being in a critical financial situation. This was a retrial after Benko's initial two-year sentence in October 2025, which was partially overturned by the Supreme Court.
Benko has denied all charges, claiming he was convinced his Signa group could be restructured at the time.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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