Two lawyers, a notary and three people from the real estate sector will be in court in Wels from June 12. As reported, they persuaded an elderly lady to sell her property at far too low a price. The owner may have been defrauded of around 900,000 euros.
The Public Prosecution Service accuses the suspects of serious fraud. A ruling is not expected until a later date.
According to the court, the real estate company paid 750,000 euros for the property on Traunsee, while the market value was 1.66 million euros. According to the accusation, at that time – in the fall of 2019 – the owner could no longer do business. Two lawyers and a notary, the two directors of the real estate company involved and a real estate agent are accused of this incident.
Penalty range of up to ten years in prison
If convicted, you could face a prison sentence of one to 10 years. In addition, a representative action was initiated against the real estate company and a fine could be imposed.
The judiciary expects lively interest from the region for the first day of the trial. Further trial days are already scheduled for June 13 and June 27, but it is unclear whether a verdict will be reached then.
A similar case in Pasching
The Public Prosecution Service for Economic and Corruption (WKStA) is currently investigating a strikingly similar case – for damages amounting to millions: A lawyer and a notary are suspected of persuading a woman with dementia to sign contracts in 2022 that would mean she would lose Throughout her life she transferred farming property in Pasching to her cousin – although she had previously resisted him receiving anything from her in a legal dispute that lasted years. Events would also take place around a building in the Innviertel, the “Krone” reports.
An investigation is also underway in the case against a psychiatrist who is suspected of having prepared a courtesy report on the woman’s mental condition and has now even been taken into custody, and against the cousin. There will likely be overlaps with the Traunsee case, even if investigators are keeping a low profile for privacy reasons.
Source: Krone
I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.
