The Bermuda-based Argus insurance group is being sued in the United States by an elderly client who claims to have lost his $9 million retirement money when it was invested in Bernard Madoff’s Ponzi scheme less than three months before it collapsed.
Bermuda-based Argus Group sued by U.S. victim of Bernard Madoff
9 years ago
Topics
Bermuda Fraud Insurance Investment USAKeywords
Antonio G. Calabrese Argus Group Bermuda Life Insurance Company Limited Bernard Madoff Rye Select Broad Market Insurance Portfolio