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The Madoff Fraud:Scam of the Century
Hyposwiss Swiss bank Madoff Victim

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Hyposwiss A Swiss private bank owned by St. Galler Kantonalbank $50,000,000 Hyposwiss said roughly 0.1% of its overall assets was invested in Madoff products through managed accounts. Another $100 million is exposed through clients who chose to invest in Madoff funds. St. Galler Kantonalbank said its financial situation and liquidity aren't hurt by Hyposwiss' exposure.
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