Austrian court convicts Signa founder Benko of fraud, 30-month sentence

Rene Benko, founder of collapsed Signa Group, was convicted again at Innsbruck Regional Court and sentenced to 30 months for fraudulent gambling. He testified for the first time in a Signa-related criminal proceeding, denying charges and claiming he believed restructuring would succeed in late 2023. The verdict adds to legal fallout from Signa's insolvency, though appeal prospects and broader financial implications remain uncertain.