1200 hp and a purchase price of over a million euros – such luxury cars should be built in Carinthia. And another company wanted to conquer the oceans from Lake Wörthersee with electric yachts. Both projects suffered shipwreck. And now researchers are looking for answers to the question of where 140 million euros are.
At the end of January, a major bankruptcy at the Klagenfurt Regional Court caused a stir – but what started with debts of 48 million euros is now almost three times that size and is causing a real shock in the shipping sector. Because it has also proven that when such large amounts are involved, a second look can’t hurt – and three criminal charges follow for suspected fraud!
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.