On day two of testimony in the first of a number of criminal cases against  Austrian real estate developer Rene Benko , the court quickly moved to sentencing. The 48-year-old ex-billionaire was found guilty by the Innsbruck State Court of having defrauded investors out of large sums of cash — €660,000 ($698,000) in this instance — €300,000 of which he reportedly attempted to shield by "gifting" it to his mother.  He was found not guilty in connection to the remaing €360,000, which he used to

Tag-uri: Real Estate Austria