Koch Brothers Refuse To Pay Back Madoff Ponzi Profits
Posted: Thu Jun 02, 2016 1:02 pm
Billionaires Charles and David Koch are known to have made many good business decisions over the years and placing millions of dollars with Ponzi-scheme operator, Bernard Madoff seems to have been one of them.
A total of $2 billion is at stake.
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Refusal To Return The Money
Koch Industries invested an undisclosed sum with Madoff’s now defunct securities firm years ago, and walked off with $21.5 million in profits before Madoff was arrested in 2008. But since 2012 the company, ... (read more)