berlin — julius meinl v , the scion of a viennese business dynasty whose name has been known with the stories of the hapsburgs with extravagance like exotic cinnamon , handmade tortes and discreet private loans , has been convicted on charges of fraud at a company linked to the family . authorities arrested mr . meinl of low bolster shares of the real estate company meinl european land on the vienna stock exchange , even as its stakes in synthetic estate across austrian and central asia cratered .
Julius Meinl V is the chairman of Austria's closely-held Meinl Bank.