A teenage drug addict has been arrested after he forced a man to get off a train, withdraw money from a hole in the wall and hand it over.Nemanja P., 17, was tracked down after police published CCTV footage of the incident which occurred on 25 January.The young man approached his 26-year-old victim on a […]
Tag: Bank
Robber takes victim on a ride
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Police are hunting a robber who took his victim on a 20-minute train journey before forcing him to deposit money.The criminal approached the 26-year-old on a train at Handelskai station. He asked the man to hand over his wristwatch and cash but refused to let him go. The robber instead told the man to get […]
Zagorec ‘sells Vienna villa’
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A former Croatian politician and army general serving a jail term for abuse of office has managed to sell one of his high-profile properties in Vienna, it has been reported.Austrian weekly magazine profil has reported today (Mon) that a real estate agent employed by ex-Croatian Deputy Defence Minister Vladimir Zagorec has sold a villa in […]
Bank Austria (BA) CEO Willibald Cernko has warned tougher rules and new taxes could make it more difficult for banks to find investors.The former HypoVereinsbank manager said today (Weds): “I think the debate over investors should have an Austrian background or come from abroad is totally misleading. The decisive question will be whether we (the […]
An Austrian businesswoman accused of being Bernard Madoff’s “criminal soul mate” has claimed she was a victim of the bankers illicit operations herself.Madoff was sentenced to a maximum 150 years in jail by a court in New York City in the United States for what is widely considered to be the largest so-called Ponzi scheme […]
Bowlegs expose bank robber
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A bank robber has been sentenced to more than three years in prison after his ex-girlfriend identified him on CCTV footage because of his bowlegs.The woman said in the witness stand at the Provincial Court in Ried im Innkreis, Upper Austria, yesterday (Thurs) that she was certain the man caught on camera during an armed […]
An Austrian businessman has been sentenced for selling luxury goods to North Korean dictator Kim Jong-il for more than 20 years.Judges at the Criminal Court of Vienna yesterday (Mon) found the entrepreneur guilty of having breached the international trade embargo issued on the dictatorial regime.The defendant sold eight Mercedes-Benz S-Class limousines and two yachts worth […]
A Romanian shopping centre into which Austrian Sparkassen Immobilien poured 200 million Euros has made it into the Guinness Book of World Records for the largest indoor Christmas light display.Guinness World Records officials acknowledged the bid as a new world best after visiting the installation which features 449,658 lights at the Sun Plaza mall in […]
ÖVAG manages turnaround
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Volksbank AG (ÖVAG) boss Gerald Wenzel has said his bank has achieved a turnaround after some difficult years.ÖVAG suffered losses of 1.123 billion Euros after taxes last year. Wenzel announced today (Mon) the institute achieved a net turnover of 56.6 million Euros in the first nine months of this year.Wenzel said he expected ÖVAG to […]
Kulterer eyes custody compensation claim
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Former Hypo Group Alpe Adria (HGAA) chief Wolfgang Kulterer is considering asking for compensation over his three-month custody.The bankers lawyer Ferdinand Lanker said today (Mon) he may ask for financial compensation for his client since he doubted the righteousness of his custody.Kulterer was arrested and put in custody in Klagenfurt in August before being released […]