Murdered Liechtenstein Bank Chief Had Sued Suspect For Extortion

The headquarters of Bank Frick & Co. AG stands in Balzers near Vaduz, Liechtenstein
The headquarters of Bank Frick & Co. AG stands in Balzers near Vaduz, Liechtenstein

Murdered Liechtenstein Bank Chief Had Sued Suspect for Extortion (Bloomberg, April 8, 2014):

The murdered chief executive officer of Bank Frick & Co. AG had sued his alleged killer for extortion three years ago, according to the Liechtenstein private bank.

Juergen Frick, 48, was shot yesterday in the firm’s underground garage in the town of Balzers. The suspect, Juergen Hermann, fled the scene and appears to have later committed suicide, according to a police statement.

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Liechtenstein Bank CEO Juergen Frick Murdered In Broad Daylight

CEO Of Liechtenstein Bank Frick Murdered In Broad Daylight (ZeroHedge, April 7, 2014):

Over the weekend the world was gripped by the drama surrounding the mysterious murder-homicide of the former CEO of Dutch bank ABN Amro and members of his family, and whether there is more foul play than meets the eye. However, that is nothing compared to what just happened in the tiny, and all too quiet Principality of Lichtenstein, where moments ago the CEO of local financial institution Bank Frick & Co. AG, Juergen Frick, was shot dead in the underground garage of the bank located in the city of Balzers.


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Based on preliminary reports, the murder is the result of a disgruntled fund manager, Juergen Germann, who had previously been embroiled in a “bitter dispute” with the government and the bank.

Bloomberg has more:

A 48-year-old man was shot dead in the underground garage of a financial institution in Balzers at 7:30 a.m. local time, the principality’s police said on its website. The suspect, Juergen Hermann, fled the scene in a Smart car with Liechtenstein number plates, according to police. Neither the victim nor the institution were identified in the statement.

The deceased was Juergen Frick, CEO of Bank Frick & Co. AG, Switzerland’s Radio 1 said in an e-mailed statement, citing employees of the bank. Calls to Bank Frick were answered by a voice-mail message saying the company is closed because of “a death.” It gave no further details.

Read moreLiechtenstein Bank CEO Juergen Frick Murdered In Broad Daylight