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The Madoff Fraud:Scam of the Century
Stanley Chais head of Brighton Co, Feeder Fund

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Madoff Feeder Cohmad Was Fraud’s ‘Facade,’ SEC Claims

Votes:9 Comments:0
Madoff Feeder Cohmad Was Fraud’s ‘Facade,’ SEC Claims ( By David Scheer and Joshua Gallu June 22 (Bloomberg) -- Cohmad Securities Corp., three of its executives and a California-based invest READ MORE
http://www.bloomberg.com/apps/news...

Beverly Hills investor's ties to Madoff sink many funds invested with Stanley ...

Votes:17 Comments:0
A Beverly Hills investor's ties to Madoff sink many Many in Los Angeles' Jewish community had invested with Stanley Chais, who had seemed like a low-key safe bet. But he had bet all their money in th READ MORE
http://www.latimes.com/news/printedition/front/la-fi-madoff-chais21-20...

Stanley Chais, A Fund Feeder to Bernie Madoff

Votes:12 Comments:0
Stanley Chais, A Fund Feeder to Bernie Madoff Stanley Chais, 82, is a private investor who has been active in a wide range of Israeli and American Jewish charitable activities over the past 30 READ MORE
http://www.toomre.com/Stanley_Chais_Feeder_Fund
Stanley Chais also is the head of a limited partnership or investment management firm, Brighton Co. of Beverly Hills, California, that apparently served as a "feeder fund' to Bernie Madoff's investment scheme. It had invested and hence lost about $250 million with Bernie Madoff. From The Los Angeles Times, one might learn that apparently Mr. Chais previously served on more than one charitable boards with Bernie Madoff. Stanley Chais and his firm also have been sued by one Michael Chaleff of Arlington, VA, a former Justice Department lawyer. Mr. Chaleff's lawyer, a certain Reed Kathrien, with the Oakland firm of Hagens Berman Sobol Shapiro, indicates that many of Brighton's investors were in the investment business and lost small fortunes "because they'd been in [the investment funds] for 10 or 20 or 30 years."
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