Thursday, January 8, 2009

'Austria's Woman on Wall Street' on the Run?

I would be running too. These are not the kind of people who take lightly to being swindled. How safe do you think Madoff will be when he goes to prison?-Lou

'Austria's Woman on Wall Street' on the Run?

Sonja Kohn may be literally running for her life.

The woman once known here as "Austria’s woman on Wall Street" has disappeared. Kohn collected more than $2 billion from rich investors in Russia and across Europe for Bernard Madoff through her firm, Bank Medici. Touting her connections, she promised investors entrĂ©e to bigger fish in the finance world, including Madoff.

Some say it’s not out of the question that she’s hiding from Russian clients (do we dare say, perhaps, the Russian mob?) who trusted her with their cash and have had their wallets hit even harder by the Russian stock market and plummeting commodity prices.

"With Russian oligarchs as clients, she might have reason
to be afraid," a Viennese banker who knew Kohn and her husband told The New York Times.

Read Article Here:
http://www.wowowow.com/post/austrias-woman-wall-street-disappears-amid-fears-madoff-retribution-168681?promo=news

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