The bank was generous – despite the fraud process, a mega loan came for the hotel

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There are things! A monster trial against several alleged millionaire fraudsters has been going on at the Klagenfurt Regional Court for months, but one defendant was very busy between the days of the trial. Despite the serious accusations, he was able to buy a hotel. Externally funded, as he proudly announced. How does it work?

The charges against eleven suspects are briefly summarized: In various roles, they are said to have defrauded more than 40,000 investors of their money with fraudulent crypto tokens. The EXW scam is said to have caused at least 20 million euros in damage, if not 100 million. But what’s a few million higher or lower? One of the suspects even bought a hotel during the trial. With a loan.

Source: Krone

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