Friday 10 April 2009

Bernard Madoff, the disgraced New York broker, sent 150 million dollars to a bank in Gib.

Bernard Madoff, the disgraced New York broker, sent 150 million dollars to a bank in Gibraltar. El Mundo reports that the transfer was made in the name of a company based in the Virgin Islands called Vizcaya Partners Ltd. a month before he was arrested.
The lawyer given the job of liquidating Madoff’s assets, Irving Picard, is now trying to recover the money from the branch of the Swiss bank, Jabob Safra, on Gibraltar.

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