EXW Wallet verdicts delayed to September 2024
Verdicts against EXW Wallet defendants, including co-founder Ben Herzog, were expected to be handed down this month.
Austrian authorities have now made new filings in the criminal case, delaying verdicts to at least September.
In line with anti-consumer policies surrounding criminal proceedings in Austria, details are sparse.
As reported in a July 11th pay-walled article from the Kurier, quoting a court spokesperson;
The economic and corruption prosecutor has submitted new applications. There are also a few hundred pages of new investigation results from the police.
Beyond delaying verdict dates, Kurier states how these new applications and filings will impact the case “is unclear”.
In any case, three further hearings have been scheduled for next week in the EXW Wallet case. The further negotiation plan is also likely to be discussed at these events.
EXW Wallet co-founder Ben Herzog (right) pled guilty last December. The names of Herzog’s accomplices and are suppressed – ditto whether anyone else has also pled guilty.
What we do know is only one EXW Wallet scammer remains unaccounted for. Manuel Batista (right) remains at large hiding out in Dubai.
Batista remains active on Twitter as of July 7th, 2024, mainly reposting marketing for various crypto scams.
Kurier reports that the bulk of the 100 million euros stolen through EXW Wallet remains unaccounted for.
Some of the money was spent on prostitutes in Dubai;
From the villa in Bali with a shark tank and its own helipad, parties in the most expensive clubs in Dubai, 100,000 euros that are said to have been spent on prostitutes, to the McLaren, complete with an expensive 100,000 watch on his wrist.
If convicted, Herzog and his accomplices are facing one to ten years in prison.
Despite his fugitive status, a verdict will also be handed down against Batista. Kurier reports it is “extremely unlikely” Batista “will be transferred from [Dubai] to Klagenfurt until the verdict is handed down in September.”
This suggests Austrian authorities intend to initiate extradition proceedings against Batista post-verdict.
Dubai does not have an extradition treaty with Austria. The emirate is notorious for sheltering criminals and failing to cooperate with international authorities.
Odd this article notification got spambinned by Google:
If I had to guess it’s probably some new stupid AI algorithm that can’t tell the difference between reporting on financial fraud and financial fraud.
LLM AI = enshittification of everything.
My guess too
The “EXW” or contents triggered something related to the Fraud
An EXW mastermind, (Manuel Batista)who is himself wanted by an international arrest warrant, was nevertheless willing to give evidence via video call from Dubai. However, Dubai does not extradite to Austria.
In other respects, the trial was also highly international by Klagenfurt standards.
nachrichten.at/wirtschaft/exw-prozess-villa-mit-haifischbecken-luxuspartys-plastiksackerl-voller-geld;art15,3993436
This might be a radical idea but being a wanted fugitive on the run should automatically preclude you from giving evidence at the trial of your co-conspirators.
Indeed! so why does the newspaper write like this, it will have reliable sources….
@Josef
Can you read this paywalled article in full?
postimg.cc/FkspLqpn
krone.at/3389247
The two main defendants were sentenced to five years in prison. They are said to have defrauded 40,000 victims of at least 20 million euros.
diepresse.com/18997415/exw-anlagebetrug-prozess-fuenf-personen-zu-haftstrafen-verurteilt
I took it the newspaper was just reporting on what happened. The issue is with the Austrian court allowing an indicted fugitive to provide presumably defensive testimony for his fellow accused.
How that’s permissible is beyond me.
I would just like to understand if this fugitive person who made the video call in court is not the person cited by the newspaper that the case on one of them has been closed.
It would make me think this for the simple reason that the main defendants, who were three, are only two who were in custody were convicted, and the person who was at large and who was the first suspect says nothing.