Cash transport robbery in Vienna

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General News

Armed robbers made off with hundreds of thousands of Euros when they attacked a money transporter crew last night (Thurs/Fri).The incident occurred in Vienna around 1am. The exact sum cash the trio escaped with is still unclear, according to police. Newspapers, however, speculate that the criminals – who were armed with guns – managed to […]

Post clerk admits thefts

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General News

A post office employee has admitted stealing shipments containing valuables for many years.The 44-year-old woman confessed her wrongdoings when she was questioned by police investigating a number of cases in which letters and parcels containing money and jewellery disappeared.The suspect – who has been suspended – worked at a post office in Fohnsdorf, Styria. She […]

Libyan turmoil fuels oil price level

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Business

Car fuel sold at petrol stations in Austria is set to become significantly more expensive.The price for one barrel of Brent oil reached a three-year high at nearly 120 US dollars (87 Euros) today (Thurs) due to the riots in Libya, a major oil producing country. The cost for one barrel or 159 litres of […]

Investment adviser gambles away €460,000

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General News

An investment consultant has been sentenced to prison for gambling away more than 400,000 Euros of customers’ money.Judges in Graz, Styria, heard yesterday (Weds) how the 36-year-old man promised high interest rates to his clients in order to compensate his rising gambling debts.The accused – who has been addicted to sports wagering for years – […]

Pensioner loses over €90,000 in online fraud

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General News

An elderly Austrian lost almost 100,000 Euros in an internet scam, it has emerged.Police in Salzburg said today (Mon) that the 77-year-old man got in touch with them yesterday after having transferred more than 90,000 Euros to a bank account.The pensioner told officers that he was promised an undisclosed amount of money in an e-mail […]

Robbers blow up cash machine

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General News

Criminals may have escaped with thousands of Euros after blasting a cash terminal in Vienna-Favoriten this morning (Mon).Authorities in the federal capital said today that a woman living nearby called the police after she was woken up by the blast at around 3am. Policemen found the entrance of the Raiffeisen branch smashed and the cash […]

‘Safety first’ investments preferred by majority

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General News

Only 10 per cent of Austrians focus on increasing their assets when making investments, according to a survey.One in 10 of the 1,000 Austrians interviewed by research agency Spectra said their chief priority is making a profit when it comes to choosing how to invest their money.Almost seven out of 10 Austrians (67 per cent) […]

Teen robber caught after CCTV footage release

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General News

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 […]

Robber takes victim on a ride

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General News

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 […]

Prosecutor appeals jail term verdict for taxi robber

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General News

Prosecutors have called for tougher punishments after a court in Vienna sentenced a man to more than seven years in jail for robbing three cab drivers.The unemployed man, who amassed debts with a gambling addiction, threatened taxi drivers with a knife or punched them in the face close in the night-time incidents last summer. He […]