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News - Bank Medici

2009-07-04 12:59:48

Sonja Kohn claims she was a victim of convicted money manager Bernard Madoff, but British authorities are investigating payments to her companies. Kohn was a majority owner of the former Bank Medici and was also its chairman.

2009-01-02 07:42:48

Austria's government says it has taken over a bank that reportedly invested $2.1 billion in American Bernard Madoff's allegedly fraudulent securities firm. The demise of Bank Medici shows the reach of the alleged Ponzi scheme that includes losses of about $30 billion so far, The Wall Street Journal reported Friday. Madoff, under house arrest, turned over a list of his assets to the Securities and Exchange Commission.

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