BALOISE-Holding AG Swiss Insurer loses $13 Mill, The Madoff Fraud:Scam of the Century

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/Home/Madoff Fraud Victims- Swindler's List/Banks -Madoff Fraud Victims/BALOISE-Holding AG Swiss Insurer loses $13 Mill

* BALOISE-Holding AG (BALN.VX: Quote, Profile, Research) - The Swiss insurer will have to writedown $13 million after investing in hedge fund Kingate Global, which in turn invested in Madoff's investment vehicle.

The Madoff Fraud:Scam of the CenturyBALOISE-Holding AG Swiss Insurer loses $13 Mill

/Home/Madoff Fraud Victims- Swindler's List/Banks -Madoff Fraud Victims/BALOISE-Holding AG Swiss Insurer loses $13 Mill

The Madoff Fraud:Scam of the Century
BALOISE-Holding AG Swiss Insurer loses $13 Mill