April 26, 2024

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Primeo

Bank Austria: Primeo-investor Wins in First Instance

An investor asked Bank Austria to sell her Primeo participation two months before the Madoff fraud was busted, but Bank Austria has not paid up yet.

Madoff Fund Report: Enormous Fees Without Any Value Added

After 9.5 years, 50,000 euro would have been eaten up by the "Primeo Select Fund" because of the high fees, is the opinion of an investors’ lawyer about the monies invested by Bank Austria with Bernie Madoff.