Brazilian bank Itau Unibanco Holding SA (ITUB4) was ordered by a Sao Paulo state court to pay 167,700 reais ($103,800) to an unidentified person who lost money in Bernard Madoff’s Ponzi scheme, Folha de S.Paulo reported. Read Bloomberg report here.
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Brazil’s Itau Ordered to Pay Damages in Madoff Case, Folha SaysBrazilian bank Itau Unibanco Holding SA (ITUB4) was ordered by a Sao Paulo state court to pay 167,700 reais ($103,800) to an unidentified person who lost money in Bernard Madoff’s Ponzi scheme, Folha de S.Paulo reported. Read Bloomberg report here. |
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