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: Law Blog - WSJ.comStanley Chais, Big Feeder To Madoff, Dead At 84
By Michael Rothfeld
Another big investor who had been investigated for his relationship with Ponzi schemer Bernard Madoff has died.
Stanley Chais, the Los Angeles money manager who was one of the biggest feeders to Madoff, died Sunday in New York at 84.
He was suffering from a rare blood disease and had been getting treatment in New York, according to the Los Angeles Times Money & Company blog.
Jeffry Picower, the Palm Peach, Fla. investor who fed $7 billion to Madoff and was also scrutinized by federal prosecutors, died in October 2009 in his swimming pool after suffering a heart attack. The Law Blog entry on Picower's death is here. He was 67.
Despite investigations into the theory that various feeders into Madoff may have been complicit ...
Full post as published by Law Blog - WSJ.com on September 27, 2010 (boomark / email).
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