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Klagenfurt in fraud fever: Mega trial against perfidious fraud network!
A fraud trial begins in Klagenfurt: eight defendants in focus, millions in fraud and several thousand victims.
Klagenfurt in fraud fever: Mega trial against perfidious fraud network!
An alleged stock trade resulted in one of the largest fraud cases in Carinthia. In the period from May 10, 2024 to September 17, 2024, a previously unknown perpetrator contacted a 68-year-old man from Klagenfurt by telephone and convinced him to invest tens of thousands of euros in brazen fraud. The man transferred money to different accounts a total of five times, believing he was buying stocks. Only when contact broke off did he file a complaint. Investigations into this are ongoing meinkreis.at reported.
Major fraud trial in Klagenfurt
At the same time, a trial against the mastermind of a huge fraud network began at the Klagenfurt regional court. The 26-year-old and seven other defendants, including two brothers, are on trial for serious commercial fraud, money laundering and criminal organization. The defendants are accused of defrauding around 40,000 people worldwide and stealing around 14 million euros in just two years through their company “EXW Wallet”. The public prosecutor's office estimates the possible damage at up to 100 million euros courier.at reported. The mother of many of these frauds was an inflated network of companies and the self-created cryptocurrency “EXW token”, which was advertised to the victims with promises of high profits.
The trial, which could last months, has already attracted considerable attention, with fantastic claims and a host of witnesses lined up. The first witnesses will testify in court from November 15th. The main defendant, who does not have a high school diploma, did not confess, and his defense attorney criticized the classification of the business practices as fraudulent. For those affected, the question of recovered funds remains open, as no invested money has yet been secured. Evidence was presented to support this, including a video that underlines the extravagantly staged appearance of the defendants as they conned their victims out of their money.