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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.
Bernie Madoff was the mastermind behind a $65 billion Ponzi scheme and a new Netflix doc explores his crimes. What to know about his life and death in prison. Bernie Madoff's Sons Both Died In The ...
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 ...
The same day, a U.S. Securities and Exchange Commission civil complaint [110] was filed against DiPascali. [111] A college dropout, he joined Madoff's firm in 1975 at age 18 and eventually oversaw the day-to-day operations of Madoff's investment-advisory business. [111] He was the person many of Madoff's investors dealt with regarding their ...
The 162-page list of clients (without investment amount), filed in United States bankruptcy court in Manhattan, was made public on February 4, 2009. [3] [4] [5] Some of the clients profited. [6] Thousands of individual investors of Fairfield Greenwich, J. Ezra Merkin's Ascot Partners, and Chais Investments are not included. [7]
Federal investigators of the Madoff ponzi scheme expanded their criminal investigations to include some high profile investors who may have known about Bernie Madoff's massive fraud. Two ...