Add Yahoo as a preferred source to see more of our stories on Google. The founder of the insolvent real estate group Signa, Rene Benko, reacts during an event. Former real-estate tycoon Rene Benko, ...

Rene Benko, then head of the Austrian Signa Group, arrives for his trial in Innsbruck. Benko denied charges that he harmed creditors during the spectacular collapse of his sprawling business empire, ...

Benko, once one of Austria's richest men whose Signa empire crumbled in the largest insolvency proceedings in the country's history, was released after questioning in Innsbruck, according to a ...

Vienna, Austria — Austrian anti-corruption officials on Thursday arrested fallen real estate tycoon Rene Benko as part of a wide-ranging fraud probe, alleging that he had attempted to conceal assets.