For Former Refco CEO Bennett, Nowhere To Hide

Law360, New York (March 28, 2006, 12:00 AM EST) -- As if a federal indictment and $50 million bail weren’t enough, fallen former Refco Inc. chief executive Phillip Bennett now has the authorities nipping at his heels in Austria.

Just one day after officials in Vienna announced their investigation into a fraudulent conspiracy between Bennett and Wolfgang Floettl Jr., the son of a former president of the bank that lent Bennett hundreds of millions of dollars, the city’s public prosecutor issued warrants for their arrest.

For his part, Floettl Jr. has been implicated in highly speculative...
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