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Austria investigates René Benko for fraud

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Austria’s anti-corruption prosecutors have opened an investigation into property mogul René Benko for allegedly defrauding a bank.

The probe is the first to personally target the 46-year-old former billionaire, whose Signa luxury property group collapsed at the end of 2023, leaving billions owed to shareholders and creditors across Europe.

It follows news on Friday of a preliminary investigation opened in the…



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