Posted on 12/11/2010 4:06:34 PM PST by traumer
An Austrian bank has been hit with a $19.6bn (£12.4bn) lawsuit alleging that the woman who ran it was a "criminal soulmate" of fraudster Bernard Madoff.
It is alleged that Sonja Kohn, the former president of Bank Medici, masterminded the funnelling of billions of dollars to Bernard Madoff's company Richard Blackden
Irving H Picard, the court-appointed trustee seeking to recover money for Mr Madoff's investors, alleges that Sonja Kohn, the former president of Bank Medici, masterminded the funnelling of billions of dollars to the New York-based investment company.
Ms Kohn is alleged to have begun the deception soon after she met Mr Madoff in 1985.
"More than $9bn of the Ponzi scheme's stolen capital is directly attributable to Kohn and the Medici enterprise," claimed Timothy Pfeifer, of Baker & Hostetler, the law firm representing Mr Picard. In return, Ms Kohn and her family allegedly received more than $62m from Mr Madoff.
The lawsuit is the latest in a flurry from Mr Picard, who is trying to retrieve more than $15bn from those he claims helped perpetuate the biggest Ponzi scheme in history.
(Excerpt) Read more at telegraph.co.uk ...
Oy Veh!
Madoff went undercover..... :o)
Is that 20 billion Euros or Dollars. Either way it is a whole lot of Scheckels, Oy vey, indeed.
Hey Irv - while you’re at it - claw back that $400 tip Madoff Jr. gave to the car park attendant!
Hey,he brought Bernies Bugatti back without any bovine flesch on the cow catcher.
What a nose. Wow.
True, That is a 3D Medeci nose!
That’s a man, baby!
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