Authorities investigating a suspected bitcoin-related scam centred in Austria have asked Interpol to help determine whether there might be perpetrators - and victims - of the scheme across Europe.
An Austrian hotel manager who went public with the fact that he had been blackmailed four times into paying a Bitcoin ransom to cybercriminals has been praised for speaking out.
Police in Hong Kong have arrested an alleged accomplice who is believed to be involved in the scam which cost an Austrian aerospace company over 42 million euros.
Austrian aircraft parts maker FACC said Wednesday that it has fired its chief executive of 17 years after cyber criminals stole some €50 million in a so-called "fake
president" scam.
An inmate managed to commit fraud while under the watch of wardens in an Austrian prison by posing online as a doctor who needed money for aid work in Syria, police say.
In a long-awaited move, the British scion of the Meinl family -- once called the most hated man in Austria -- now faces charges for breach-of-trust in connection with the illicit distribution of a €212 million dividend from the private bank he ran in 2009.
A warning was issued today by the UN Security and Safety Service in Vienna, after UN delegates had been the target of confidence tricksters masquerading as undercover police to steal money and valuables.
If you have an Austrian ATM card and plan to withdraw cash whilst travelling outside of Europe and the US you will soon be asked to authorise your card before travelling, in an effort by banks to prevent card fraud.
A 33-year-old Austrian man who duped donors out of €1 million after pretending that he was raising money for a riding school that would provide therapy for disabled children has been sentenced to five and a half years in prison.
A Viennese banker has been convicted of embezzlement in the Criminal District Court and sentenced to an unconditional term of three years and nine months.
According to a report from German broadcaster Deutsche Welle, the Austrian government has frozen the assets of a company controlled by Mykola Azarov, the son of the former Prime Minister of Ukraine, together with a Ukrainian businessman named as Serhiy Kurchenko.
An international arrest warrant has been issued by Bulgaria through Interpol for fugitive Bulgarian banker Zvetan Vassilev, who is believed to be residing in Vienna.
President Heinz Fischer has signed the law that wipes out Hypo Alpe Adria creditors despite guarantees from the nationalised bank's home province of Carinthia of €890 million "after an intensive examination", he said.
An 83-year-old pensioner from Knittelfeld was distracted by a 23-year-old Romanian woman who danced topless in front of him, while her associate was stealing cash and jewellery from his apartment.
A 24-year-old man was arrested over the weekend after he was suspected of carrying out a phishing attack in Vienna. The victim was a 34-year-old woman who ran a company.
An Austria-wide construction business 'mafia' network has been found responsible for €140 million worth of lost taxes, setting up bogus companies, sending 2600 fake invoices, and falsely claiming social security benefits.
Wednesday sees the start of a trial in the Vienna Regional Criminal Court against a Viennese doctor who is accused of defrauding the Vienna Health Insurance fund (WGKK).
The second speaker in parliament Karlheinz Kopf of the conservative Austrian People's Party (ÖVP) defended the planned law on the Hypo Alpe Adria Bank on Monday in an interview with state broadcaster ORF radio.
A 24-year-old former dental assistant was sentenced in Salzburg on Thursday to 20 months' conditional imprisonment for practicing dentistry without a license, fraud and commercial assault.
Two men have been arrested by police from the Vienna Office of Criminal Investigation for stealing €130,000 through a sophisticated Internet attack, according to a report in the daily newspaper Kronen Zeitung.
According to an article in cointelegraph.com, Austria now has its first Automated Teller Machine (known locally as a Bankomat) that dispenses the world-wide Bitcoin electronic currency.
The Bayerische Landesbank (Bayern LB) of Germany is suspected of having carried out criminal actions which led directly to the forced nationalisation of the bank by Austria in December 2009.
