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Body found in lake thought to be bank killer

The Local · 15 Aug 2014, 11:17

Published: 15 Aug 2014 11:17 GMT+02:00

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A fisherman notified Austrian maritime police of the discovery of a body floating in the waters of lake Constance on Thursday, which is now thought to be that of a man who went missing in April, after apparently murdering a banker in Liechtenstein.

Police have announced that the body appears to be that of Jürgen Hermann, who on April 7 shot and killed Jürgen Frick, 48, the chief executive of Liechtenstein private Bank Frick.

Frick was gunned down with three shots in the garage of his bank near Balzers shortly after he arrived for work. His killer was seen fleeing the scene in a Smart car.

Hermann, 58, a well-known fund manager with the nick-name "Robin Hood" had been involved in a personal feud with Frick and his bank for more than seven years.  Hermann blamed Frick for the ruin of his investment company.

Hermann's car was discovered 20 km from the scene of the crime close to the Rhine river, and it was suspected at the time that he had committed suicide.

A police spokesman said that a passport and clothes were found nearby, and that tracker dogs were able to trace him to the river bank.

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“In the passport there were handwritten notes confessing to the crime, as well as parting words,” a police spokesman said. “Because of the circumstances and  the evidence, suicide has to  be assumed.”

The discovery of the body, which is awaiting formal identification, brings to an end this bizarre incident in Liechtenstein banking history.

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