Millions in losses

Carinthian fraudster gang: escape ended in Brazil

The alleged million-dollar fraudster from Lake Wörthersee is currently in custody in Brazil. He is due to be extradited next week and transferred to Klagenfurt.(Bild: stock.adobe.com)

Who wouldn't want 0.32 percent interest per day on their money? That's the promise made by a young gang of snobs from Lake Wörthersee, whose tricks fooled tens of thousands of investors worldwide. The loss is said to be up to 100 million euros! The handcuffs clicked for one of the main suspects in South America.

The economic and corruption prosecutor's office can rejoice: their hunt for suspected million-euro fraudsters from the internationally notorious EXW gang has been crowned with success - one of the most sought-after minds in the crypto gambling industry is to be extradited from Brazil to Austria. The man who may be able to explain where up to 100 million euros disappeared to from Klagenfurt is expected to arrive on March 15!

The trial against the scoundrels who started the EXW fraud five years ago has been running at the Klagenfurt Regional Court since September last year. But anyone who thinks they have heard everything in the courtroom by now is mistaken, as was revealed on Thursday.