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Money manager at top of Madoff speed dial is sued
May 2, 8:25 AM (ET)
By TOM HAYS
NEW YORK (AP) - As the first speed dial entry at Bernard Madoff's investment firm, longtime money manager and close friend Stanley Chais must have known about the disgraced financier's multibillion-dollar Ponzi scheme, a complaint filed in Bankruptcy Court claims.
But Chais has insisted he was a victim of Madoff. The swindle, he said, wiped out the Chais Family Foundation, which made millions of dollars in annual contributions to various Jewish charges.
http://apnews.myway.com/article/20090502/D97U3N982.html
May 2, 8:25 AM (ET)
By TOM HAYS
NEW YORK (AP) - As the first speed dial entry at Bernard Madoff's investment firm, longtime money manager and close friend Stanley Chais must have known about the disgraced financier's multibillion-dollar Ponzi scheme, a complaint filed in Bankruptcy Court claims.
But Chais has insisted he was a victim of Madoff. The swindle, he said, wiped out the Chais Family Foundation, which made millions of dollars in annual contributions to various Jewish charges.
http://apnews.myway.com/article/20090502/D97U3N982.html