Bloomberg News

Fairfield Sentry Sues to Recover $115 Million From Offshore Bank

April 13, 2012

Fairfield Sentry Ltd. (FAISENI), a feeder fund that transferred $3.2 billion to Bernard Madoff’s firm, sued Cayman Islands-based Atlantic Security Bank to recover $115 million it says were proceeds of the conman’s Ponzi scheme.

The case is Fairfield Sentry v. Atlantic Security Bank, 12-01550, U.S. Bankruptcy Court, Southern District New York (Manhattan).

To contact the reporter on this story: Karen Gullo in San Francisco at

To contact the editor responsible for this story: Michael Hytha at

Race, Class, and the Future of Ferguson

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus