Fraud against aircraft company FACC: Suspect caught in Israel

by time news

Six years ago, fraudsters stole more than 50 million euros from the aircraft component manufacturer FACC in the Innviertel region. Now the criminal trial against a 63-year-old man in Graz begins. The Tunisian-born is accused in an indictment by the economic and corruption prosecutor’s office of founding front companies and organizing the fraud for years from Israel.


SN / facc

FACC manufactures aircraft components, in 2021 there was a loss of around 25 million euros with a turnover of 498 million euros.

A fraud process with a particularly spectacular background begins on Tuesday in Graz: a 63-year-old man who is said to have played a key role in one of the largest fraud cases in domestic economic history – that at the Austro-Chinese aircraft component manufacturer FACC in Ried im Innkreis – has to answer to a jury panel , in which no less than 54 million euros were stolen at the end of 2015. An employee in the finance department was persuaded by fake e-mails to transfer the amounts for an allegedly secret company acquisition abroad. It was a …

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Accessed on February 28, 2022 at 8:53 a.m. at https://www.sn.at/panorama/oesterreich/betrug-an- Flugzeugfirma-facc-verdaechtiger-in-israel-fass-117748711

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