At last! A U.K. court froze the assets of Bernard Madoff associate Sonja Kohn, the former chairwoman of Bank Medici AG, who a judge said made at least $56 million introducing clients to the convicted fraudster, Bloomberg reports,
Liquidators of Madoff’s estate are pursuing Kohn and the directors of Madoff Securities International Ltd., the company’s English unit, for the return of assets.
Kohn, 63, met Madoff in the 1980s and introduced him to investors who put billions of dollars into his Ponzi fraud. She is accused of billing Madoff companies for research, analysis and consulting services while in reality the payments were “secret kickbacks” for introducing money into the scheme, Justice Julian Flaux said in a ruling today….
Read the rest at http://www.bloomberg.com/news/2011-11-25/madoff-associate-kohn-has-assets-frozen.html
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