A Romanian escort girl has on Friday been sentenced to two years in prison by a Salzburg Regional Court after she was found guilty of tricking a Canadian man out of 230,000 EUR. The woman, who has a PhD degree in nuclear physics and was living in Austria, was broke when she met the man […]
Tag: money
An Austrian MP has filed a series of Parliamentary questions to make public allegations that senior banking officials and others in the Alpine Republic had actively worked with Bernie Madoff to create his global Pyramid scheme. The Parliamentary questions from Freedom Party MP Hans-Joerg Jenewein were filed to make public the claims in a new […]
Niemetz takeover deal sealed
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The Romanian Meinl subsidiary Heidi Chocolat will take over the insolvent Viennese Schwedenbomben manufacturer Niemetz. The money is said to have already been transferred to the liquidators. Roman Tahbaz of the 1980 credit reference agency (KSV) said that the purchase and the authorisations were now legally valid. Heidi Chocolat paid 5.25 million Euros for the […]
Jackson Fans Get Memorial To Hero
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A statue to Michael Jackson has gone on display in the middle of a tiny Austrian town so that fans can have a tribute to their hero. Councillors in Mistelbach in a wine growing region north of the Austrian capital Vienna approved the request by two local women for the 30 foot statue which will […]
Triathlete Hannes Hempel renounced doing the B-test after his positive doping test result in a training control on 8 March. He also announced his immediate retirement. The 39-year-old man from Carinthia, who was banned for four years in 2008, could have been banned again for a long time. “From my experience I can tell that […]
For the first time, alpine associations will receive money from the tourism fund of the state of Salzburg for the maintenance of their mountain cabins. The “Alpine Club” is pleased but expects to get more subsidies from the public. The mountain huts of the alpine associations in Salzburg will receive 50,000 Euros subsidies per year […]
Arrests in Ethiopia murder case
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Two arrests have been made over the murder of an Austrian national murdered in Ethiopia as they took part in a tour of the Nile. The 27-year-old tourist from Upper Austria was robbed and murdered whilst holidaying in Ethiopia last week. Now police in Ethiopia have arrested two suspects in the case. The two suspects […]
Mud fight continues in Salzburg
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A bitter row between the conservative People’s party ÖVP and the social Democrats SPÖ in the regional parliament in Salzburg is continuing to interrupts the smooth running of government. The row centres about responsibility for the investment of taxpayers money in risky financial investments and the possible loss of several hundred million euros. In advance […]
Regional parliamentary president Simon Illmer (ÖVP) has criticised from his point of view the sloppy work carried out investigating exactly what happened in the Salzburg region’s financial scandal. He said the fact that the search for the missing millions has not yet come up with a concrete result about what happened to the money is […]
In an ongoing battle with the Austrian Financial Market Authority (FMA) over crowdfunding the shoe entrepeneur Heini Staudinger has said that he will not back down and he is prepared to go to prison. Staudinger believes that businesses should be independent from bank loans and freed from debt. Since 1999 he has been able to […]