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Austrian man kills five family members after investment loss
Irish Times ^ | 15 May, 2008 | Derek Scally

Posted on 05/16/2008 3:51:25 AM PDT by Roy Tucker

AN AUSTRIAN man who lost a six-figure sum in bad investments has admitted killing five family members with an axe to spare them the "disgrace" of financial ruin.

The 39-year-old public relations consultant, identified only as Reinhard S, walked into a Vienna police station at 3.20am yesterday, and told the duty officer: "In my apartment are my dead wife and my dead child."

The man said that, after killing the two, he drove two hours to Linz, where he killed his father-in-law and his parents.

After trying and failing to hang himself, he turned himself in.

Vienna police confirmed the "extremely brutal" attacks yesterday after finding the body of his 42-year-old wife Barbara in the bathroom of their modern apartment in Vienna's leafy Hietzing neighbourhood.

The body of their seven-year-old daughter Natalie lay in a walk-in wardrobe, partially covered with a blanket.

Investigators in Linz and the nearby town of Ansfelden confirmed that they had found another three bodies.

"The motive for the killings was massive money problems after he speculated and lost money he had borrowed from the family," said criminal investigator Thomas Stecher.

After killing his wife and daughter at 7.30am on Tuesday, the man drove 180km to the town of Ansfelden. At about 7pm, he rang the bell of his parents' home and struck his 69-year-old mother Gabriela in the face with the axe when she opened the door.

Then he headed upstairs and killed his 72-year-old father Engelbert, a retired postman, as he slept in an armchair before the television.

Later, he drove to nearby Linz and killed his father-in-law Heinrich, an 80-year-old widower.

"He described everything very factually; he was completely unmoved when he gave answers," said Mr Stecher.

The 39-year-old man left notes of explanation and apology beside the bodies in Ansfelden and Linz, which police are now studying. In a rucksack on the back seat of the man's car, police found a brand-new axe they presume the man purchased especially for the killings.

Austrian media reported that the man lost €300,000 in risky investments using money from his family's savings, as well as money from other family members.

After the killings, he drove aimlessly for several hours before turning himself in. Police believe the man has a brother and a sister and were trying to locate them yesterday.


TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: austria; investments
What the heck's going on in Austria? Why didn't he kill his broker or a lawyer instead?
1 posted on 05/16/2008 3:51:26 AM PDT by Roy Tucker
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To: Roy Tucker

BAN AXES NOW!!!! (sarc)


2 posted on 05/16/2008 3:57:24 AM PDT by Vaquero (" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
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To: Roy Tucker

Austrians have been known to cause trouble occasionally.


3 posted on 05/16/2008 3:58:09 AM PDT by AndrewB
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To: Roy Tucker

A perfect case for the death penalty.

No chance of error.


4 posted on 05/16/2008 3:59:33 AM PDT by DB
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To: Roy Tucker

“After trying and failing to hang himself, he turned himself in.”

Gee, he was pretty good at dispatching five innocent family members. He couldn’t figure out how to off himself?

Since he can’t get the death penalty in Austria, I hope his remaining life is one of ceaseless torment.


5 posted on 05/16/2008 3:59:55 AM PDT by Roy Tucker ("You can avoid reality, but you cannot avoid the consequences of avoiding reality."--Ayn Rand)
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To: DB

Yup, too bad they don’t have it in Austria.


6 posted on 05/16/2008 4:00:45 AM PDT by Roy Tucker ("You can avoid reality, but you cannot avoid the consequences of avoiding reality."--Ayn Rand)
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To: AndrewB

Yes, particularly the Schicklgruber branch.


7 posted on 05/16/2008 4:01:29 AM PDT by Roy Tucker ("You can avoid reality, but you cannot avoid the consequences of avoiding reality."--Ayn Rand)
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To: Vaquero

LOL


8 posted on 05/16/2008 4:05:53 AM PDT by Roy Tucker ("You can avoid reality, but you cannot avoid the consequences of avoiding reality."--Ayn Rand)
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To: Roy Tucker
“AN AUSTRIAN man who lost a six-figure sum in bad investments”

I guess he just couldn't...hack it.

9 posted on 05/16/2008 4:05:54 AM PDT by BigCinBigD (")
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To: Roy Tucker
...police found a brand-new axe...

The story is fishy. If he went broke as it says, then how could he afford a brand-new axe?

10 posted on 05/16/2008 4:10:08 AM PDT by Rudder ("There is only one chief. Obey him." [Rush Limbaugh, April 30, 2008])
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To: Roy Tucker
First the dungeon master who kidnapped a little girl for ten years, then the dungeon master who raped his own daughter and imprisoned his offspring for twenty years, now this freak who whacks his whole family.

What's up with Austria?

For a country whose whole population is about the size of NYC they certainly have their quotient of whackjobs.

11 posted on 05/16/2008 4:35:46 AM PDT by wideawake (Why is it that those who call themselves Constitutionalists know the least about the Constitution?)
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To: Roy Tucker
Since he can’t get the death penalty in Austria

If I'm not mistaken, you cannot even get life in Austria. I know you can't in Germany or Norway, where the maximum imprisonment for any crime is 20 years.

12 posted on 05/16/2008 4:37:25 AM PDT by wideawake (Why is it that those who call themselves Constitutionalists know the least about the Constitution?)
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To: Roy Tucker

What a putz.


13 posted on 05/16/2008 4:57:46 AM PDT by Hacklehead (Crush the liberals, see them driven before you, and hear the lamentation of the hippies.)
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To: Roy Tucker

A horrible misinterpretation of the saying “cut your losses”


14 posted on 05/16/2008 4:59:41 AM PDT by NonValueAdded (Who Would Montgomery Brewster Choose?)
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To: DB

>> A perfect case for the death penalty.

HOW COULD YOU? The poor guy is an orphan and a widower. What hard-hearted jury would convict him? ;-)


15 posted on 05/16/2008 5:02:06 AM PDT by Nervous Tick (La Raza hates white folks. And John McCain loves La Raza!)
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To: Roy Tucker
Austrian man kills five family members after investment loss

Why couldn't you just jump out the window like they did after the '29 crash.

16 posted on 05/16/2008 5:17:28 AM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say it)
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To: Roy Tucker

Clearly we need microstamping and blade locks for axes. They should be stored unsharpened in an approved safe.


17 posted on 05/16/2008 6:18:48 AM PDT by antiRepublicrat
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To: BigCinBigD

Ouch!


18 posted on 05/16/2008 7:03:19 AM PDT by Roy Tucker ("You can avoid reality, but you cannot avoid the consequences of avoiding reality."--Ayn Rand)
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