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Stanley Chais (March 27, 1926 – September 26, 2010) was an American investment advisor, money manager, and philanthropist. He operated "feeder funds" which collected money for funds related to the Madoff investment scandal. The widow, family, and estate of Chais settled with Madoff trustee Irving Picard in 2016 for $277 million.
Ruth Madoff's combined assets with her husband had a net worth of between $823 million and $826 million.She had $92.6 million in assets listed in her own name: [9] the $7 million penthouse on Manhattan's Upper East Side; an $11 million mansion in Palm Beach, Florida; a three-bedroom apartment in Cap d'Antibes on the French Riviera valued at $1.5 million; $45 million in municipal bonds and $17 ...
Ruth Madoff's combined assets with her husband had a net worth of between $823 million and $826 million. She had $92.6 million in assets listed in her own name: [ 67 ] the $7 million Upper East Side penthouse; an $11 million mansion in Palm Beach, Fla.; Antibes and France totaling $19 million; $45 million in municipal bonds and $17 million in ...
On Sunday, Los Angeles-based money manager Stanley Chais died. He was 84. At the time of his death, Chais was under investigation for his involvement with Bernard Madoff. The manager of three ...
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Investors in Bernard L. Madoff Investment Securities LLC lost billions of dollars in the Madoff investment scandal, a Ponzi scheme fraud conducted by Bernard Madoff. The amount missing from client accounts, over two thirds of which were fabricated gains, was almost $ 65 billion. [ 1 ]
Bernard Madoff's victims will soon receive another $372 million to help cover their losses, nearly 14 years after the swindler's capture for running a massive Ponzi scheme, the U.S. Department of ...