Bloomberg News

Madoff Trustee Picard Sues Credit Agricole for $30.6 Million

January 12, 2012

Jan. 12 (Bloomberg) -- The liquidator of Bernard Madoff’s firm sued Credit Agricole SA and affiliates for $30.6 million, saying he sought funds received from a so-called feeder to the Ponzi scheme, Fairfield Sentry Ltd., according to a court filing today.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Stephen Farr at sfarr@bloomberg.net


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