UK Mortgages rates and deals

December 23, 2008

Madoff investor warned its clients

Filed under: Bridging Finance, UK Mortgage Brokers — Cindy Smith @ 4:11 am

One of the biggest investors in Bernard Madoff’s alleged $50bn fraud explicitly warned its clients of the danger that his brokerage ‘could abscond with those assets’, but still attracted $2.75bn, according to documents sent to investors

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