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The date is finally set! The Raiffeisen trial of Pierin Vincenz (66), Beat Stocker (62) and other first-degree convicts was adjourned in the second round. The appeal process before the Supreme Court will not take place until July 2024. This was announced by the Supreme Court of the Canton of Zurich. And not before the end of this year, as many trial observers predicted.
“After examining the very extensive files from the lower court at the Zurich Supreme Court, the Criminal Division I opened the appeal process and made its first procedural decisions,” he says. And: Due to the unusual dimensions of this criminal process involving a large number of participants, the preparation of the appeal process takes an extraordinary amount of time. »
4 years in prison
In the eyes of the court, Vincenz and Stocker got unlawfully rich at the expense of their employers by investing in Commtrain, Investnet or Eurokaution. For this, the judges sentenced Vincenz to 3 years and 9 months and Stocker to 4 years in prison.
Source :Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.