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Hungarian Businessman Jailed for Defrauding Soccer Club
    2008-12-05 09:50:37     Xinhua

A Hungarian businessman, who offered huge investment in football club SK Rapid Wien but never paid the money, has been sentenced for fraud to two and a half years in prison, the Austrian Press Agency (APA) reported on Thursday.

Werner Koppel, president of the company Jasmin Raw Materials Ltd., topped headlines last year by a report saying that he and Rapid manager Werner Kuhn signed a 20-million-Euro deal which was aimed to improve the Rapid facilities.

Koppel had been previously convicted of similar crimes. In 2005, he defrauded a Dutch consortium of 128,000 Euros. He pretended selling Nokia mobile phones, raked in a deposit of the interested party, but never shipped the items.

 
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