Friday, December 10, 2010

Madoff Trustee Seeks $19.6 Billion From Austrian Banker

The New York Times reports:
The trustee seeking money for victims of Bernard L. Madoff’s fraud has sued Sonja Kohn, an Austrian banker, seeking $19.6 billion in damages and accusing her of masterminding a 23-year conspiracy that played a central role in financing the gigantic Ponzi scheme.
An article well worth your time.