Austria: A self-made billionaire, Benko tapped low interest rates to rapidly expand his business, acquiring stakes in prestigious properties from Britain's Selfridges department stores to the Chrysler ...

A former co-owner of Brown Thomas has been arrested in Austria on suspicion of fraud following the implosion of the Signa property empire.

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. Benko, once one of ...

From Glory to Crash: The Arrest of the Austrian Tycoon Marks a Shift in the Real Estate Market.

René Benko's Signa Holding once held a 50% stake in New York City's iconic Chrysler Building and a 40% stake in the UK's Selfridges department stores.

The founder of fallen Austrian property group Signa, Rene Benko, has been arrested on suspicion of falsifying a receipt and ...

Austrian property tycoon Rene Benko's empire, Signa Holding, collapsed amidst legal troubles and massive debt. After declaring insolvency, Signa's assets faced selloffs and subsidiaries went bankrupt.

Anti-corruption officials said Thursday that they had taken fallen real estate tycoon Rene Benko into custody as part of a fraud probe, alleging the founder of the insolvent Signa group had attempted ...

Former real-estate tycoon René Benko, who is under investigation for fraud, has been arrested due to the risk of him ...

The arrest of Rene Benko on Thursday marks a new low for the Austrian property magnate following the collapse of his business empire, Signa Holding.

Austrian entrepreneur, who built up a large portfolio with his Signa Group before its collapse, is being investigated in several countries ...

The magnate was arrested on Thursday on suspicion of falsifying an invoice and trying to hide assets from creditors, according to prosecutors.