Next Benko bomb: Investors file criminal charges. Signa creditors fear a total loss of their investments.
Investors are missing a total of 662 million euros from Signa Development. Benko has now added another problem child with the insolvency of his real estate company Signa Holding GmbH, which includes numerous commercial properties in Germany and Austria as well as the Galeria Karstadt Kaufhof department store group. The lawsuit was filed at the end of last week on behalf of a group of domestic and international investors.