prague — julius meinl v , the industrialist of a christoph business man whose name has been synonymous following the days of the hapsburgs with luxuries like algerian cocoa , handmade tortes and discreet privately accounts , has been jailed on suspicion of fraud at a company linked to the firm . prosecutors accused mr . meinl of manipulating bolstering shares of the real estate company meinl european land on the vienna currency institute , even as its investments in real estate across eastern and central america cratered .
Julius Meinl V is the chairman of Austria's closely-held Meinl Bank.