The Zurich District Court has sentenced a man to six and a half years in prison for commercial fraud.
According to the court, the 52-year-old real estate entrepreneur is said to have defrauded clients in Australia and New Zealand in 2010.
He promised real estate firms loans - worth tens of millions - and collected fees upfront. In total, it’s estimated he defrauded companies of a total of CHF 26 million with this scam.
Parliament rejects WHO alcohol policy
The Upper House of Parliament, the Council of States has overwhelmingly rejected adopting an alcohol policy based on recommendations from the World Health Organisation.
Cyclist dies near the UN
A cyclist died after an accident near the UN yesterday.
Govt may buy fewer F-35s due to cost
Switzerland will not purchase all 36 American F-35 fighter jets originally planned, the Federal Council decided Friday.
Amnesty slams Bern police
Amnesty International is strongly criticising the police response to last October’s unauthorized pro-Palestinian demonstration in Bern.
Two men given house arrest after stealing vignettes
Two men, aged 32 and 33, working at the printing works that makes the autoroute vignettes have been given house arrest and a suspended prison sentence after being found guilty of stealing the stickers and selling them online.
What's likely under the tree this year?
Shoppers looking for the perfect gift this holiday season are turning to tech and toys, according to Galaxus.
