• Home
  • Articles
  • Cayman fund liquidators sue Deutsche Bank for $200M for ‘turning a blind eye to fraud’

Cayman fund liquidators sue Deutsche Bank for $200M for ‘turning a blind eye to fraud’

The liquidators of Cayman Islands investment fund Madison Asset LLC, which was allegedly swindled out of $200 million by its US-based principals, have sued Deutsche Bank for the entire amount, alleging it "turned a blind eye" to the alleged fraud.