U.K.’s Prince Charles Targeted by Madoff Marketer, Witness Says
Friday, February 6, 2009 : PermalinkBloomberg – 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.
Tags: access international advisors, bernard madoff, bettencourt, bloomberg, feeder, fortune, lawmakers, marketing, money, polo field, prince charles, prince michael, recruiters, royalty, wealthy europeans, whistleblower, yugoslavia
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