March 6, 2009

Madoff's Victims

map The number of victims from Bernard Madoff's alleged Ponzi scheme continues to grow. A list with thousands of names of clients who invested money with Mr. Madoff was released as part of a bankruptcy-court filing. Below, see some of the most exposed investors and sort by the amount of potential losses. (See full Madoff client list. | Complete Madoff coverage) --Updated 03/06/09

Notes: .

Fairfield Greenwich Advisors	An investment management firm	$7,500,000,000	More than half of Fairfield Greenwich's $14.1 billion in assets under management, or about $7.5 billion was connected to Madoff.
Tremont Group Holdings	Asset management firm	$3,300,000,000	The investment firm is owned by OppenheimerFunds and Massachusetts Mutual Life Insurance Co. Tremont's Rye Investment Management business had $3.1 billion invested, and its fund of funds group invested another $200 million. The loss is more than half of all assets overseen by Tremont.
Banco Santander	Spanish bank	$2,870,000,000	Santander is offering its private banking clients 1.38 billion euros in compensation for Madoff-related losses. The offer doesn't apply to institutional investors. Latin American clients were approached with an offer to return their original investments via preferred stock with a 2% interest rate, in return for a promise not to sue. Santander customers Mar Octava Limitada and Marcelo Guillermo Testa filed a class-action lawsuit in a U.S. court, lawyers said Jan. 27. The losses were first disclosed Dec. 14. 2.01 billion euros belongs to institutional investors and international private banking clients; 320 euros million belongs to private banking customers in Spain.
Bank Medici	Austrian bank	2100000000	The bank had two funds with $2.1 billion (1.5 billion euros) invested with Madoff. Bank Medici is 25% owned by Unicredit SpA and 75% owned by chairwoman Sonja Kohn. Hedge funds run by the bank had almost all their money invested with Madoff.
Ascot Partners	A hedge fund founded by billionaire investor, philanthropist and GMAC chief J. Ezra Merkin	$1,800,000,000	The hedge fund had $1.8 billion under management as of Sept. 30, had substantially all of its assets invested with Mr. Madoff. Austria's government named Gerhard Altenberger to manage the bank, but won't supply it with funds.
Access International Advisors	A New York-based investment firm	$1,500,000,000	The investment-advisory firm's co-founder Thierry Magon de La Villehuchet, 65, was found dead in his Manhattan office on Dec. 24, 2008, in an apparent suicide. Mr. De La Villehuchet lost about $50 million, the bulk of his personal wealth.
Fortis	Dutch bank	1350000000	Fortis Bank and its subsidiaries have no direct exposure to Bernard Madoff Investment Securities LLC, but parts of the group do have a risk exposure to certain funds it provides collateralized lending to. If, as a result of the alleged fraud, the value of the assets of these funds is nil and the respective clients cannot meet their obligations, Fortis Bank Nederland (Holding) N.V.'s loss could amount to around EUR 850 million to EUR 1 billion. The continuity of Fortis Bank Nederland (Holding) N.V.and its subsidiaries is not at stake in any way.
Union Bancaire Privee	Swiss bank	$700,000,000	Half of UBP's 22 funds of funds put at least some of their money into Madoff-related investment vehicles, including one run by J. Ezra Merkin. The principal fund, Dinvest Total Return, had about 3% of its more than $1 billion of assets in Madoff-related funds. One fund of funds had as much as 6.9% of assets in Madoff-related funds. The bank had most recently met with Madoff Nov. 25 as part of an ongoing vetting process.
HSBC	British bank	$1,000,000,000	HSBC provided financing to a small number of institutional clients who invested in funds with Madoff; some clients in its global custody business have invested with Madoff, but the company doesn't believe these arrangements should be a source of exposure to the group.
Natixis SA	A French investment bank	$554,400,000	The company says it didn't make direct investment in Madoff-managed funds; some investments made on behalf of customers could have ended up being managed by Madoff. Exposure is about 450 million euros.
Carl Shapiro	The founder and former chairman of apparel company Kay Windsor Inc., and his wife	500,000,000	Mr. Shapiro, a 95-year-old apparel entrepreneur and investor, has personally lost an estimated $400 million from the Madoff fraud, including $250 million he gave Mr. Madoff on Dec. 1. His charitable foundation, the Carl and Ruth Shapiro Family Foundation, has lost an estimated $100 million or more. Mr. Shapiro, a widely respected philanthropist, was one of Mr. Madoff's earliest and largest investors.
Royal Bank of Scotland Group PLC	British bank	$492,760,000	The bank had exposure of about 400 million pounds to Madoff through trading, collateralized lending.
BNP Paribas	French bank	$431,170,000	The company said it has no investment of its own in Madoff-managed hedge fund but it does have risk exposure (up to 350 million euros) through its trading business and collateralized lending to funds of hedge funds.
BBVA	Spanish bank	$369,570,000	The company reiterated it doesn't have direct exposure to Madoff but would face losses of 300 million euros if Madoff funds were found not to exist.
Man Group PLC	A U.K. hedge fund	$360,000,000	IInvested in funds directly and indirectly sub-advised by Madoff Securities and for which Madoff acts as broker-dealer. Madoff investment represents 1.5% of the company's RMF fund-of-funds business's funds under management and 0.5% of funds under management for Man Group itself, according to a Dec. 15 disclosure. Man Group is considering taking legal action to recover some of its investments.
Reichmuth & Co.	A Swiss private bank	$327,000,000	The Lucerne-based private bank warned investors that around 385 million Swiss francs, or 3.5% of its assets under management, were affected.
Nomura Holdings	Japanese brokerage firm	$358,900,000	The 32.2 billion yen exposure is through Fairfield Sentry; That amount represents 0.2% of assets under management. Nomura originally said it had 27.5 billion yen in exposure on Dec. 14.
Maxam Capital Management	A fund of funds based in Darien, Connecticut	280,000,000	The fund reported a combined loss of $280 million on funds they had invested.
EIM SA	A European investment manager with about $11 billion in assets	$230,000,000	The European investment manager with about $11 billion in assets. Overall, EIM assets at risk are less than 2% of what it manages.
AXA SA	French insurance giant	0	Exposure is well below 100 million euros.
UniCredit SpA	Italian Bank	$92,390,000	The company's total exposure is about 75 million euros. Dublin-based Pioneer Alternative Investments is indirectly exposed to Madoff via feeders; Italian clients have zero exposure.
Nordea Bank AB	Swedish Bank	$59,130,000	The amount of exposure is about 48 million euros.
Hyposwiss	A Swiss private bank owned by St. Galler Kantonalbank	$50,000,000	Hyposwiss said roughly 0.1% of its overall assets was invested in Madoff products through managed accounts. Another $100 million is exposed through clients who chose to invest in Madoff funds. St. Galler Kantonalbank said its financial situation and liquidity aren't hurt by Hyposwiss' exposure.
Banque Benedict Hentsch & Cie. SA	A Swiss-based private bank	$48,800,000	Banque Benedict Hentsch said its clients have 56 million Swiss francs at risk. Benedict Hentsch had also recently agreed to merge with Fairfield Greenwich Group, a major Madoff distributor. When the news of Mr. Madoff's arrest broke, it scrambled to undo that deal.
Fairfield, Conn.	town pension fund	42,000,000	The town's employees board and police and fire board, which cover 971 workers, had $41.9 million invested with Madoff, said Paul Hiller, Fairfield's chief fiscal officer.
Bramdean Alternatives	An asset manager	31,200,000	The exposure is about 9.5% of assets.
Jewish Community Foundation of Los Angeles	The largest manager of charitable gift assets for Los Angeles Jewish philanthropists	$18,000,000	The amount invested with Madoff represented less than 5% of the Foundation's assets.
Harel Insurance Investments & Financial Services Ltd.	Israel-based insurance firm	$14,200,000	N/A
Baloise Holding AG	Swiss insurer	13000000	N/A
Societe Generale	French Bank	$12,320,000	The company says its exposure, which is less than 10 million euros, is "negligible."
Groupama SA	French insurer	$12,320,000	Exposure is around 10 million euros.
Credit Agricole SA	French bank	$12,320,000	Exposure is less than 10 million euros.
Richard Spring	individual investor	11,000,000	A Boca Raton resident and former securities analyst, says he had about 95% of his net worth invested with Mr. Madoff. Mr. Spring said he was also one of the unofficial agents who connected Mr. Madoff with dozens of investors, from a teacher who put in $50,000 to entrepreneurs and executives who would put in millions.
RAB Capital	hedge fund	10,000,000	N/A
Banco Popolare	Italian bank	$9,860,000	The company says it had indirect exposure of up to 8 million euros; maximum lost on funds distributed to institutional, private clients is about 60 million euros.
Korea Teachers Pension	A 10 trillion won Korean pension fund	$9,100,000	N/A
Swiss Life Holding	Swiss insurer	78900000	Swiss Life said it has indirectly invested assets worth around 90 million Swiss francs through funds of funds managed by Madoff Investment Securities.
North Shore-Long Island Jewish Health System	health system	5,700,000	Exposure represents less than 1% of the health system's investment portfolio. A donor agreed to reimburse the system for any losses.
Neue Privat Bank	Swiss bank	$5,000,000	The bank invested in a certificate based on a hedge fund with exposure to Madoff
Clal Insurance Enterprise Holdings	An Israel-based financial services company	$3,100,000	N/A
Ira Roth	individual investor	$1,000,000	Mr. Roth, a New Jersey resident, says his family has about $1 million invested through Mr. Madoff's firm.
Mediobanca SpA	via its subsidiary Compagnie Monegasque de Banque.	$671,000	Limited to $671,000 via its Compagnie Monegasque de Banque. via its subsidiary Compagnie Monegasque de Banque.
Fred Wilpon	owner of New York Mets	0	N/A
Steven Spielberg	The Spielberg charity -- the Wunderkinder Foundation	0	N/A
JEHT Foundation	A New York foundation focused on electoral and criminal justice reform	0	The foundation, which stands for Justice, Equality, Human dignity and Tolerance, will close its doors at the end of January 2009. Major donors Jeanne Levy-Church and Kenneth Levy-Church had all their funds managed through Madoff.
Mortimer B. Zuckerman Charitable Remainder Trust	The charitable trust of real-estate magnate, who owns the Daily News and U.S. News & World Report	0	Funds exposed represented 11% of the value of that charitable trust.
Robert I. Lappin Charitable Foundation	A Massachusetts-based Jewish charity	0	The group, which financed trips for Jewish youth to Israel, was forced to close because the money that supported its programs was invested with Madoff.
Chais Family Foundation	A charity that gave to Jewish causes	0	Money manager Stanley Chais managed investments he called "the arbitrage partnerships," according to investors and firm correspondence. His California-based charity group invested entirely with Madoff, and was forced to shut down operations after years of donating some $12.5 million annually to Jewish causes in Israel and Eastern Europe.
KBC Group NV	Belgian banking and insurance group	0	No direct exposure; some indirect exposure through collateralized loans, but the exposure is very limited and immaterial to KBC's earnings. KBC has also made some loan advances to institutional customers who have invested in funds managed by Madoff Investment Securities, but this shouldn't have any material impact either, the company said.
Barclays PLC	British bank	0	The bank says it has "minimal" exposure" and is "fully collateralized"
Dexia	French bank	0	No direct investments in funds managed by Madoff,; private banking clients have total exposure of 78 million euros to funds primarily invested in Madoff funds. Indirectly, Dexia is exposed through partially collateralized lending operations to funds exposed to Madoff funds for a gross amount of 164 million euros. If the assets managed by Madoff Investment Securities were nil, the above mentioned lending operations could trigger an after tax loss of about 85 million euros for Dexia.
Allianz Global Investors	The asset management unit of German insurer Allianz SE	0	The unit says exposure "is not significant."
Banco Espanol de Credito SA (Banesto)	A Spanish bank contolled by Banco Santander	0	Its clients have a total 2 million euro exposure; The amount is included in the 2.33 billion euros already disclosed by parent company Banco Santander.
CNP Assurances	French insurer	0	No direct exposure. Indirect exposure of 3 million euros via a fund of funds
UBS AG	Swiss bank	0	The bank says is has "no material exposure." It declined to comment on press reports that its funds-of-funds for clients had $1.4 billion in exposure
Yeshiva University	A New York-based private university	14500000	The university's chief financial officer said that the school's actual principal investment in a hedge fund linked to Madoff had been only $14.5 million. On paper, that stake had exploded in value over the past 15 years to $110 million. Although the university had "no direct investments" in Madoff's firm, a portion of its endowment had been invested for 15 years with Ascot Partners, which had "substantially all its assets invested with Madoff." J. Ezra Merkin had been a University trustee but has resigned. Madoff was also on the school's board but has resigned.
The Elie Wiesel Foundation for Humanity	The charitable foundation of Nobel laureate	$15200000	The Foundation's mission, rooted in the memory of the Holocaust, is to combat indifference, intolerance and injustice through international dialogue and youth-focused programs that promote acceptance, understanding and equality. It said it invested "substantially all" of its assets.
Leonard Feinstein	The co-founder of retailer Bed Bath & Beyond	0	N/A
Sen. Frank Lautenberg	The charitable foundation of the New Jersey Senator's family	0	N/A
Norman Braman	former owner of Philadelphia Eagles	0	N/A
Jeffrey Katzenberg	The chief executive of DreamWorks Animation SKG Inc.	0	Mr. Katzenberg's financial affairs along with those of Mr. Spielberg were managed by Mr. Breslauer, Mr. Katzenberg has suffered millions in Madoff-connected losses, say people familiar with the matter.
Gerald Breslauer	The Hollywood financial advisor to Steven Spielberg and Jeffrey Katzenberg	0	Along Messrs Katzenberg and Spielberg, Mr. Breslauer himself has likely sustained heavy losses in the Madoff affair. He customarily invests alongside his clients, say these people, and has sometimes been a larger investor than the people he represented
Kingate Management	hedge fund	0	Kingate's $2.8 billion hedge fund Kiingate Global Fund reportedly invested heavily with Madoff
Julian J. Levitt Foundation	Texas-based charity	0	N/A
Loeb family	N/A	0	N/A
Lawrence Velvel	individual investor	0	Mr. Velvel is dean of the Massachusetts School of Law
Fix Asset Management.	hedge fund	0	reportedly invested heavily in Madoff's portfolios
Genevalor, Benbassat & Cie.	money manager in Geneva	0	Members of the Benbassat family, which run the firm, have long known Mr. Madoff. In a statement on its Web site, Genevalor said it "has been reviewing the potential damages caused to its clients" by the alleged Madoff fraud. A statement from the Thema fund said it had assets with Madoff that were now frozen, but did not elaborate.
Banco Espirito Santo	Portugese bank	21400000	The amount represents about 0.1% of assets under management.
Great Eastern Holding	Singapore insurer	44266000	Great Eastern said S$7.7 million of its S$64 million exposure is invested from its Life Fund. Great Eastern is 87% owned ny Oversea-Chinese Banking Corp.
M&B Capital Advisers	Spanish brokerage	52800000	The firm is run by the son and son-in-law of the chairman of Banco Santander. Through M&B, private and institutional investors bought more than $214 million in Madoff's funds.
Oddo et Cie	French financial services firm	36957000	Oddo had invested the money in Lux Alpha fund, for which UBS Luxembourg was custodian. Lux Alpha invested the money in Madoff's funds. Luxembourg authorities ordered UBS Luxembourg to compensate Oddo et Cie for the funds within 24 hours, as well as EUR10,000 for Oddo's legal fees.
Royal Dutch Shell pension fund	Global energy and petrochemical company	0	The pension fund fund has an indirect investment that may be affected. The fund originally invested $45 million. The alleged fraud won't affect the financial position and funding status of the fund.
Phoenix Holdings	Israeli financial services company	12600000	Phoenix's insurance unit invested $15 million over the last three years in funds managed by Thema, which made investments through Madoff. In November, the company requested to redeem $10 million. The payment was due Dec. 12 but Phoenix hasn't received it.
Credicorp	Peruvian financial services company	4500000	Credicorp's Atlantic Security Bank unit has $1 million in direct exposure and up to $3.5 million in potential contingencies "related to transactions secured by these investments."
Fukoku Mutual Life Co.	Japanese insurer	0	The company said it holds similar investments trusts to those held by Sumitomo Life Insurance Co. but declined to specify the balance. Sumitomo disclosed that it has about 2 billion yen, or about $22 million, exposed via trusts.
New York Law School	law school in New York City	300000O	The school invested the money through its endowment entity. The school filed an investor lawsuit against J. Ezra Merkin, Ascot Partners and BDO Seidman.
Nipponkoa Insurance	Japanese insurer	0	The company said it holds similar investments trusts to those held by Sumitomo Life Insurance Co. but declined to specify the balance. Sumitomo disclosed that it has about Y2 billion exposed via trusts.
Sumitomo Life Insurance Co.	Japanese insurer	22000000	Sumitomo Life didn't invest directly in the Madoff fund but part of its investment trust holdings were linked to it.
Swiss Reinsurance Co.	Swiss insurer	3000000	Indirect exposure, less than $3 million, is through hedge fund investments; no direct exposure.
Aozora Bank Ltd	Japanese lender	137000000	Aozora entrusted 12.4 billion yen to investment funds, which invested with Madoff. Cerberus Capital Management LP owns a majority stake in Aozora.
UBI Banca	Italian bank	86000000	The bank said the exposure is linked to proprietary investments. UBI Pramerica and Capitalgest Alternative Investments, the assets-under-management units, have no exposure.
Taiyo Life Insurance Co.	Japanese insurer	221000	Taiyo Life didn't invest directly in the Madoff fund.
Caisse d'Epargne	French bank	11100000	Caisse d'Epargne said 1 million euros was for Caisse Nationale des Caisses d'Epargne, the central hub, and "under 7 million euros" was from its regional level.
J. Gurwin Foundation	Charity	0	$28 million charity invested heavily in Madoff funds. Gurwin said, "We got a body blow. We did not get killed."
EFG International	Swiss private bank	0	EFG clients have $130 million invested in Madoff through third-party funds sold by EFG. In addition, 0.3% of the bank's total invested assets, held in custody, are invested in Madoff.
Fire and Police Pension Association of Colorado	Pension fund	0	Fund, with $2.5 billion under management, had $60 million invested with Fairfield Greenwich until six months ago
International Olympic Committee	Olympic organizer	4800000	The IOC's exposure represents about 1% of its total investment portfolio. Organizing committee confirmed they will be able to meet their obligations.
Support Organization for the Madison Cultural Arts District	Wisconsin cultural organization	0	$18 million invested with Fairfield Greenwich until September. A spokesman for the Overture Center in Madison, Wis., built with SOMCAD funds, said, "Speculation that SOMCAD could be on the hook is not outlandish."
Credit Industrial et Commercial	French financial-services group	125400000	The bank has no direct exposure to Madoff but could be affected through an intermediary.
Hadassah	U.S. women's zionist organization	90000000	N/A
United Association Plumbers & Steamfitters Local 267 in Syracuse	Local union pension and health care funds	0	The union is still trying to determine the extent of its losses. Its investments with Mr. Madoff go back 15 years.
Ramaz School	A Jewish school in New York	6000000	N/A
Congregation Kehilath Jeshurun	A synagogue in New York	3500000	N/A
The Maimonides School	A Jewish day school in Brookline, Mass.	3000000	The school did not directly invest with Madoff, but the school was the sole beneficiary of a trust that lost about $3 million.
Yad Sarah	An Israeli nonprofit	1500000	With a $21 million budget in 2008, Yad Sarah likely won't expand operations or develop any new services or projects in 2009.
Kevin Bacon and wife Kyra Sedgwick	Hollywood actors	0	Mr. Bacon's publicist, Allen Eichhorn, confirmed that the couple had investments with Madoff, but wouldn't say how much money they might have lost.
Eric Roth	Hollywood screenwriter	0	His credits include "Forrest Gump" and "The Curious Case of Benjamin Button."
Henry Kaufman	Individual investor, former Salomon Brothers chief economist	0	The former Salomon Brothers chief economist's bearish views decades ago earned him the nickname "Dr. Doom." Mr. Kaufman, 81 years old, lost several million dollars. He had the money in a brokerage account with Bernard L. Madoff Investment Securities for more than five years. Mr. Kaufman said the amount was "no more than a couple percent of my entire net worth," estimated to be several hundred million dollars.
New York University	University	24000000	NYU filed a lawsuit claiming J. Ezra Merkin turned over his investment responsibilities to Madoff's funds and lost $24 million of the school's money. The suit names as defendants Merkin's Ariel Fund Ltd.; the fund's investment manager, Gabriel Capital Corp.; and Fortis Bank. NYU had invested $94 million in Ariel, a partnership between Merkin and Fortis, in the mid-1990s. A lawyer for Mr. Merkin said the school only invested $30 million and made $60 million. Ariel plans to liquidate due to Madoff-related losses, but a temporary restraining order prohibits assets from being transferred out of the fund.
Aioi Insurance Co.	Japanese insurer	1100000	Aioi said it didn't make a direct investment in the Madoff fund.
Meiji Yasuda Life Insurance Co.	Japanese insurer	1100000	Meiji Yasuda didn't invest directly in the Madoff fund.
Mitsui Sumitomo Insurance Co.	Japanese insurer	8800000	Mitsui Sumitomo didn't invest directly in the Madoff fund.
Burt Ross	former mayor of a town in New Jersey	5000000	Mr. Ross believes he has lost about $5 million, the bulk of his net worth, investing with Madoff.
Genium Advisors	Swiss money manager	281400	Exposure is nearly 6.7% of a E$4.2 million fund invested in Fairfield Sentry Roland Priborsky, Genium's chief, said he was comfortable with the Fairfield Sentry investment in part because it was included in a list of funds on which Union Bancaire Privee said it had done due diligence.
Sterling Stamos Capital Management LP	Investment firm with offices in New York City and Menlo Park, Calif.	0	Six funds each have 1.5%-3% of assets exposed to Madoff. In a Dec. 30 letter sent to clients, the investment firm said it has "some limited indirect exposure" to Madoff. This came after the firm issued a press release on Dec. 12 denying any Madoff investments. The exposure was through Gabriel Capital LP or Gabriel's offshore affiliate Ariel Fund Ltd.
Gabriel Partners	Money-management firm run by GMAC Chairman Ezra Merkin.	0	Gabriel Capital Corp. is the investment manager for Merkin's Ariel fund. The Ariel hedge fund plans to liquidate because of losses to Madoff's alleged fraud.
The Diocese of St. Thomas	Catholic church in the U.S. Virgin Islands	2000000	Most of the money represented endowment funds for youngsters at two Catholic elementary schools in St. Croix, the poorest of the U.S. Virgin Islands.
Phyllis Molchatsky	individual investor	17000000	Ms. Molchatsky, a 61-year-old retiree Valley Cottage, N.Y., from filed a claim against the Securities and Exchange Commission alleging the agency was negligent in failing to detect an alleged decades-long fraud.
Members of the Hillcrest Golf Club of St. Paul, Minn. and Oak Ridge Country Club in Hopkins, Minn.	country clubs	0	Investors from the two clubs may have invested more than $100 million combined
Bard College	University in New York	3000000	Bard College, a liberal arts school in Annandale-on-Hudson, N.Y., said it lost about $3 million that J. Ezra Merkin's Ariel Fund had invested with Mr. Madoff without the school's knowledge. The losses on the investment includes profits. A lawyer for Mr. Merkin did not immediately respond to a request for comment.
Martin Rosenman	New York City-based heating oil distributor	10000000	Mr. Rosenman, managing member of Rosenman Family LLC, wired $10 million to Madoff via a JPMorgan Chase Bank account on Dec. 5, just six days before Madoff's arrest. The funds weren't supposed to be touched until Jan. 1, according to a suit filed in bankruptcy court, but Mr. Rosenman received a statement Dec. 5 explaining the money was used to sell short $10 million in U.S. Treasuries. There is no record that the Treasury short ever occurred.
Marc Rich	Fugitive financier	0	Both the Marc Rich Group and Mr. Rich have "insignificant" exposure, held indirectly. A spokeswoman said the exposure "has no material impact on the overall financial situation of the group."
Zsa Zsa Gabor	Actress	10000000	A lawyer for Ms. Gabor says the 91-year-old actress may have lost as much as $10 million invested through a third-party money manager. The lawyer says the loss was noticed in mid January when Ms. Gabor's husband, Frederic von Anhalt, was checking on the couple's finances.
Hadleigh Holdings LLC	Miami firm owned by businessman Stanley Kriegler	1000000	Hadleigh gave $1 million to Madoff on Dec. 8 -- three days before his arrest. The U.S. Bankruptcy Court ordered that the trustee overseeing the liquidation of Bernard L. Madoff Investment Securities LLC, Irving Picard, reserve funds for Hadleigh, keeping the money out of the bankruptcy state he will distribute to investors until their suits are litigated.
Argus Group Holdings	Bermuda insurance and financial services company	0	Argus sent an email to life-insurance policyholders Jan. 16 saying the value of their investments in Tremont Group Holdings' Rye Investment Funds had been written down to zero. Argus, Tremont and the Rye Funds were named in a lawsuit filed on behalf of investors who purchased or held variable universal life insurance policies beginning in January 2003. Argus offered Tremont-managed funds as an investment option for its policies.
Auriga International Advisors Ltd.	British Virgin Islands hedge fund	348400000	The hedge fund was wholly invested in Fairfield Sentry. Majority shareholder Jacques Rauber told Swiss weekly SonntagzZeitung that another fund, Auriga Alternative Strategies, was affected "to a much lesser extent."
Repex Ventures SA	British Virgin Islands firm	700000	Repex filed a lawsuit against Sonja Kohn, Bank Medici's chairwoman, Mr. Madoff and others, saying Ms. Kohn didn't disclose that the money was being funneled to Mr. Madoff and that Ms. Kohn didn't do enough due diligence on behalf of her clients.
SAR Academy	A Yeshiva school in New York	0	One-third of the school's $3.7 million endowment.
Picower Foundation	Florida-based philanthropy	0	The foundation, which had been the 71st largest in the U.S., closed its doors because its endowment was managed by Mr. Madoff.
John Malkovich	actor	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Sandy Koufax	Former Los Angeles Dodger pitcher	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Tim Teufel	Former baseball player	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Larry King	Talk-show host	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Phyllis George	Former Miss America	0	Her name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Mark Green	Former NYC public advocate	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Larry Silverstein	New York developer who is currently working with partners to rebuild the World Trade Center	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.
Scott Rechler	CEO of RXR Corp.; Former CEO of Reckson Associates	0	His name was on a list clients released as part of his firm's bankruptcy-court proceedings.

Sources: WSJ reporting; Associated Press; the companies and charities

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