Friday, December 10, 2010

Madoff Trustee Seeks $19.6 Billion From Austrian Banker


NYTimes

The trustee seeking money for victims of Bernard L. Madoff’s fraud has sued Sonja Kohn, an Austrian banker, seeking $19.6 billion in damages and accusing her of masterminding a 23-year conspiracy that played a central role in financing the gigantic Ponzi scheme.

Amid an avalanche of lawsuits filed in recent weeks as the trustee nears a Saturday deadline to file claims, the complaint against Ms. Kohn stands out for its stark allegations of criminal behavior and the size of the financial recovery sought.

“In Sonja Kohn, Madoff found a criminal soul mate, whose greed and dishonest inventiveness equaled his own,” the trustee, Irving L. Picard, said.[...]

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