"In April 2009 MGM Grand casino in Las Vegas provided Katamaninu
[Russian Citizen] a loan of 2.5 million dollars. Casino, owned by
Harrah, in May 2009, lent him 1.2 million dollars, and in early July of
that year Katamanin borrowed 95,000 dollars from the casino Wynn Las
Vegas. Lawyers Trump Taj Mahal casino in Atlantic City say that
Katamanin owed him 3.2 million... " http://news.vdok.org/page.aspx?id=744
Thursday, November 10, 2011
HSBC Holdings Plc accused of aiding Madoff's fraud Dec. 6 2010
"Dec. 6, 2010
HSBC Holdings Plc, Europe’s biggest lender, was sued for $9 billion over claims it aided Bernard Madoff’s fraud through a network of feeder funds in Europe, the Caribbean and Central America. Irving H. Picard, trustee for the liquidation of Bernard L. Madoff Investment Securities LLC, sued HSBC and a dozen feeder funds in U.S. Bankruptcy Court in Manhattan, Picard said in a statement....The suit alleges the bank was aware of concerns that Madoff’s investment business was fraudulent and didn’t take steps to protect investors, according to the statement. .... HSBC said in a statement that Picard’s allegations are “unfounded” and that it will defend itself against them in court." http://www.bloomberg.com/news/2010-12-06/hsbc-holdings-sued-by-madoff-trustee-for-9-billion-for-alleged-misconduct.html
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