New allegations again

What role did the big bank play in the EXW fraud?

The main defendant, Benjamin H., received a non-appealable five-year sentence for aggravated fraud and criminal association.

(Bild: Krone KREATIV)

The monster trial against the gang of snobs from Lake Wörthersee is over: After a year, there were five guilty verdicts and five acquittals - not a glorious result for the economic and corruption prosecution. And not for a Carinthian bank either, which played a dubious role according to new investigative findings.

In her reasons for the EXW verdicts - five acquittals, five sentences of between 18 months conditional and five years unconditional, not legally binding - Judge Claudia Bandion-Ortner reiterated what it was actually all about: "A fraud planned from the outset. Our main offender H. left school at 17, set up a tea store, did business and accumulated debts. He wanted to get a lot of money without much effort." And the man from Klagenfurt, now 27, temporarily succeeded with his invented crypto token. Benjamin H. himself stated in a weak moment of the trial that he had received around 47 million euros (!) from investors.