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French investors may have lost more than 500 million euros ($662 million) in Madoff’s alleged $50 billion Ponzi scheme, according to regulators. ...
French finance minister urges stronger EU investor protections ... Los Angeles Times
The liquidator for Bernard Madoff’s defunct business said the family of deceased New York real estate magnate Norman F. Levy agreed to pay $220 million to settle claims over its profit from the fraud.
Thu, Jan 28 | from BusinessWeek