Loading...


The Madoff Fraud:Scam of the Century
The Baptist Foundation of Oklahoma has lost $1.4 m

-

he Madoff investment fraud has reportedly led to $1.4 million in losses for the ...

Votes:39 Comments:0
ASSOCIATED PRESS Published: January 23, 2009 OKLAHOMA CITY (AP) - The Madoff investment fraud has reportedly led to $1.4 million in losses for the Baptist Foundation of Oklahoma, including $600,00 READ MORE
http://www.wnct.com/nct/lifestyles/faith_values/article/baptist_founda...
Report: Baptist Foundation lost $1.4M in Madoff fraud Associated Press - January 22, 2009 11:05 AM ET OKLAHOMA CITY (AP) - The Baptist Foundation of Oklahoma has lost $1.4 million in the Bernard Madoff investment fraud case. Among the foundation's clients is Oklahoma Baptist University where officials say the scheme has cost OBU about $600,000. Madoff is the New York investor who has reportedly confessed to running a giant Ponzi scheme that's cost clients an estimated $50 billion. Baptist Foundation President and CEO Robert Kellogg says the loss is less than 1% of its assets but is still a lot of money. Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Connecticut Banks , California Lawyer Directory
Sites of Interest
Stockton Lawyers
-
Search
Search
Search
Search
Login
StudySphere
Privacy Policy