Tags: Bernie Madoff, doppelgangers, long-lost tranny brothers?, Sonja Kohn
It is his Austrian banker/long-lost twin sister, who would never have made a secret deal, even with family.
Ms. Kohn appeared as a witness at a London trial for a civil lawsuit brought by Grant Thornton, the liquidators of Mr. Madoff’s U.K. business, Madoff Securities International Ltd., to reclaim about £33m ($49 million) on behalf of investors. Ms. Kohn denied any wrongdoing; liquidators don’t allege that she knew of Mr. Madoff’s fraud….
“There has not been a private agreement with me and Mr. Madoff,” Ms. Kohn testified. She added that it should have been “obvious” to the directors of the London business that her payments were made for the introductions she made to Mr. Madoff, given her reputation in the press as a highly connected banker.
She said: “None of [the press reports] spoke of me like an analyst or a research guy.”
Austrian Banker Testifies in U.K. Madoff Trial [WSJ]
Tags: Bernie Madoff, Irving Picard, lament of the Ponzi scheme trustee, scattershot responses
Irving Picard’s legal campaign to turn Bernie Madoff’s fraudulent claim to have managed $65 billion from one of the great financial fictions into an actual $65 billion took a bit of a hit today. Read more »
Tags: "the financial criminals we spoke with", Bernie Madoff, insight, MarketWatch, the Bernie Madoff of New Jersey
…and is discouraged to find out that, according to Bernie Madoff and other felons interviewed, it’s essentially impossible to make money without committing fraud. Read more »
Tags: Barbara Streisand, Bernie Madoff, better than the Columbia House CD Club, cds, Chicago: The Musical, Elton John, Frank Sinatra, Ponzi schemes, Toni Braxton, Tony Bennett
Unfortunately the Ponzi schemer and TB had to part ways when the government seized his assets but now you have a chance to enjoy all the ballads that would get him through late nights at the office, plus his favorite numbers from Chicago, the best of Barbara Streisand, and every other item in Berns’ prized CD collection, available today for the extremely reasonable price of $100. Act now! [eBay via Complex]
Tags: Absolute Capital Management Holdings, Bernie Madoff, books, Calvin Klein underwear stuffed with cash, Florian Homm, Germans, hard-core wakeup calls, hedge fund managers, Kopf Geld Jagd, Rogue Financier
The bits of wisdom Florian Homm picked up during his stay in Colombia, where he was getting some “me time” and not trying to distance himself from angry investors whose money he’d lost, can be found in the book he wrote about living underground (“Kopf Geld Jagd”), which he hopes will be a “hard-core wake-up call” readers who are “trying to get a second Mercedes and a bigger boat.” For those who can’t wait for the English version, from an interview with the Times we learn: Read more »