Headquartered in Vienna Sonja Kohn was slapped with a suit of 19.6 billion U.S. dollars by Irving Picard - New York lawyer, trying to recover the billions stolen Madoff investors.
"For more than 20 years, Kohn planned a vast illegal scheme to exploit their privileged relationship with Madoff to feed over 9.1 billion U.S. dollars of other people's money in Ponzi scheme," the lawsuit, which names the founder of the Medici Bank and two dozen accomplices.
An Orthodox Jew who wears a trademark red wig, Kohn enriched herself and her family "on the backs of victims of Madoff," according to demand.
Kohn, 62, Madoff met in 1985 when she and her husband lived in Monsey in Rockland County. Under the federal racketeering law, treble damages to $ 58,800,000,000 Picard if he wins the lawsuit, filed in federal bankruptcy court in Manhattan.
This is the biggest Picard presented. And it comes amid a blizzard of suits - filed just hours before a deadline for midnight - against the big banks, hedge funds and big players to benefit from relationships with Madoff.
Picard also settled a lawsuit against Hadassah, a Jewish women's organization, whose former chief financial officer Sheryl Weinstein owned Madoff.
Hadassah said turn over $ 45 million to help compensate investors plagiarize.
Madoff, 72, is serving 150 years in prison after pleading guilty in March 2009 for massive investment fraud. He is still married to Ruth Madoff, who has been charged with a crime.
Despite the efforts of Picard, not all victims are happy Madoff.
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