Wall Street Journal Updates List of Madoff Victims
Dec 18, 2008
UPDATED: List Of Victims Of Madoff’s Alleged Ponzi Scheme
December 17, 2008
This is a partial list of Bernard Madoff’s investors who have reportedly lost money in Madoff’s alleged investment scam. Total losses are estimated to be about $50 billion, which would make it the largest Ponzi scheme in history. Where available, the amount estimated to be lost by each investor is included. This table will be updated as new information becomes available. (Last Updated 2pm ET)
*Please note that some of the individuals and charities may have invested through funds, such as Ascot Partners, so there may be some double-counting going on.
|
Madoff investor |
investor type |
potential exposure |
source |
|
Fairfield Sentry (Fairfield Greenwich Group) (Madoff feeder fund) |
alternatives firm |
$7.5 billion |
firm statement |
|
FIM Ltd. (Kingate funds manager) |
money manager |
$3.5 billion |
media reports |
|
Grupo Santander |
bank |
$3.5 billion |
El Pais |
|
Rye Investment Management (Tremont Group) (Madoff feeder fund) |
hedge fund |
$3.1 billion |
Bloomerg News |
|
Kingate Management (Madoff feeder fund) |
alternatives firm |
$2.8 billion |
Bloomerg |
|
Bank Medici of Austria |
bank |
$2.1 billion |
Bloomberg |
|
Ascot Partners (Madoff feeder fund) |
hedge fund |
$1.8 billion |
Wall Street Journal |
|
Access International Advisors |
hedge fund |
$1.4 billion |
Bloomberg |
|
Fortis Bank Nederland |
bank |
$1.35 billion |
firm statement |
|
HSBC |
bank |
$1 billion |
firm statement |
|
J.P. Jeanneret Associates |
investment adviser |
$946 million |
Syracuse Post-Standard |
|
Benbassat & Cie |
bank |
$935 million |
Le Temps |
|
Union Bancaire Privee |
bank |
$846 million |
Le Temps |
|
Natixis |
bank |
$600 million |
Bloomberg |
|
Royal Bank of Scotland |
bank |
$600 million |
published reports |
|
Sterling Equities |
investment firm |
$500 million |
New York Post |
|
BNP Paribas |
bank |
$475.3 million |
Bloomberg |
|
BBVA |
bank |
$404 million |
Reuters |
|
Fix Asset Management |
alternatives firm |
$400 million |
firm statement |
|
Carl and Ruth Shapiro |
individuals |
$400 million |
WSJ |
|
RMF (Man Group) |
alternatives firm |
$360 million |
firm statement |
|
Reichmuth Matterhorn |
bank |
$330 million |
Bloomberg |
|
Normal Holdings |
. |
$302 million |
StreetInsider.com |
|
Pioneer Alternative Investments |
alternatives firm |
$280 million |
Bloomberg |
|
Maxam Capital Management (Madoff feeder fund) |
fund of hedge funds |
$280 million |
WSJ |
|
EIM Group |
bank |
$230 million |
Le Temps |
|
Ira Rennert |
individual |
$200 million |
FINalternatives |
|
Bank Austria |
bank |
$192.1 million |
Der Standard |
|
Tremont Capital Management (Tremont Group) |
fund of hedge funds |
$190 million |
firm statement |
|
M&B Capital Partners |
money manager |
$187.9 million |
El Mundo |
|
Jerome Fisher (Nine West founder) |
individual |
$150 million |
media reports |
|
Carl and Ruth Shapiro Family Foundation |
charity |
$145 million |
Boston Globe |
|
Yeshiva University |
university endowment |
$140 million |
Bloomberg |
|
Aozora Bank |
bank |
$137 million |
firm statement |
|
AXA |
insurer |
less than $135 million |
Reuters |
|
Credit Mutuel |
bank |
$124 million |
Bloomberg |
|
Dexia |
bank |
$106.9 million |
firm statement |
|
UniCredit |
financial firm |
$100 million |
Bloomberg |
|
Unione di Banche Italiane |
bank |
$84.9 million |
Bloomberg |
|
Nordea |
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