Switzerland's Benbassat & Cie Exposed to Madoff reported to be nearly $1 billion invested in fraudulent fund

Benbassat & Cie was reported to have $935m of exposures to Madoff Ponzi Scheme
Europe's banks reveal $8bn of exposure to alleged fraud RBS, HSBC and Man Group among institutions detailing dealings with Madoff By Sean Farrell, Financial Editor Tuesday, 16 December 2008 Eu
Benbassat & Cie was reported to have $935m of exposures to Madoff Ponzi Sche...