Nigel Fielding, the CEO of HSBC (Luxembourg), is being sued in the Cayman Islands for breach of duty, willful neglect and willful default in his capacity as a director of Primeo Fund, whose entire assets of more than $786 million were invested in Bernard Madoff’s fraudulent enterprise.
Articles Banks & Trusts Cayman Islands Featured Fraud Investment Liquidations & Insolvencies Luxembourg USASeptember 20, 2012
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Banks & Trusts Cayman Islands Fraud Investment Liquidations & InsolvenciesKeywords
Bank Austria Bernard Madoff G. James Cleaver HSBC Nigel Fielding