René Benko Sentenced to Two Years for Fraud

René Benko Sentenced to Two Years for Fraud

The Innsbruck Regional Court sentenced René Benko to two years for defrauding the Haselsteiner Family Private Foundation of five million.

On Thursday, November 5, 2026, the Innsbruck Regional Court sentenced 49-year-old René Benko to a non-final additional two years in prison. The court found Benko guilty of defrauding the Haselsteiner Family Private Foundation of five million euros in total.

The real estate mogul was acquitted of a separate charge regarding the removal of a hunting weapon from creditors. Benko is currently serving pre-trial detention via an ankle monitor in Innsbruck, though prosecutors are appealing this house arrest status.

Benko already holds a final 30-month conviction for fraudulent bankruptcy. With a maximum ten-year sentence possible across all Signa-related proceedings, the Innsbruck Higher Regional Court will rule on further sentencing adjustments on November 27.

Fotó: Christian Michelides · Wikimedia · November 5, 2026