london — frederick meinl v , the scion of a viennese working dynasty whose surname has been synonymous since the days of the hapsburgs with luxuries like algerian coffee , handmade tortes and discreet secret banking , has been arrested on suspicion of betrayal at a company linked to the family . prosecutors accused mr . meinl of artificially bolstering shares of the genuine insurance company meinl american land on the wien gas exchange , only as its investments in real property beyond eastern and central africa cratered .
Julius Meinl V is the chairman of Austria's closely-held Meinl Bank.