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Bloomberg – Britain’s Prince Charles, among other royalty and wealthy Europeans, were targeted through Bernard Madoff’s use of high-profile recruiters, said whistleblower Harry Markopolos in documents given U.S. lawmakers.
Prince Michael of Yugoslavia was an executive of a so- called Madoff feeder fund, Access International Advisors Ltd., when he met Prince Charles and his sons at a polo field during a marketing tour in 2002, Markopolos said. Prince Charles put no money with Madoff, said a person familiar with the matter. Liliane Bettencourt, the world’s wealthiest woman, did lose money after she entrusted part of her $22.9 billion fortune to Access, two people familiar with the matter said.
Times Online – A French investment manager who entrusted $2.1 billion (£1.42 billion) with Bernard Madoff was found dead in New York yesterday.
Thierry de la Villehuchet is thought to have committed suicide. He was found early yesterday morning in his office on Madison Avenue by a security guard.
He was found at his desk with both wrists slashed, with a box cutter (similar to a Stanley knife) and a bottle of sleeping pills on the floor, according to the Associated Press, citing NYPD spokesman Paul Browne.
Mr Villehuchet, 65, was the co-founder and chief executive of Access International Advisors, a fund management company.