10/12/2025
René Benko, the former property tycoon, and his wife Nathalie appeared before a court in Innsbruck on Wednesday for the second time, facing allegations of fraudulent concealment of assets. The verdicts were delivered later in the afternoon.
Prosecutors accused the couple of hiding €370,000 in cash, jewellery and luxury watches in a basement safe at a relative’s home in order to keep the assets out of reach of creditors. The safe, installed on 11 March, was discovered during a house search, only days after Benko had filed for insolvency.
According to the anti-corruption prosecution service, the timing was no coincidence. Officers found the safe concealed behind cardboard boxes, containing high-end watches, cufflinks and €120,000 in cash.
Both defendants pleaded not guilty. Benko said in a written statement that the valuables were gifts intended for his sons and declined further comment, citing intense media pressure. His wife also maintained her innocence and remained silent throughout proceedings.
Shortly after 17:20, the court announced its decision: Benko was found guilty on part of the charges relating to the luxury watches. He received a 15-month suspended prison sentence and a €4,320 fine. The judge ruled that the watches were not credible as children’s gifts and noted that Benko continued wearing them even after the alleged date of the handover, as documented in photos.
Benko was acquitted on the charge concerning the €120,000 in cash. He may still appeal within three days, and the presumption of innocence therefore formally continues to apply.
Nathalie Benko was fully acquitted. Although the timing of the safe’s purchase raised suspicions, the judge said there was no evidence of incriminating communication or intent. The court accepted that she intended to store her own valuables in the safe, including jewellery worth €5.5 million.