KRTL BioTech

Deutsche Bank sues Madoff feeder funds for reneging on $1.6 billion claims sale

Deutsche Bank sues Madoff feeder funds for reneging on $1.6 billion claims sale

Deutsche Bank has sued two offshore funds that funneled money to Bernard Madoff for 14 years, accusing them of reneging on their agreement to sell more than $1.6 billion of claims in the bankruptcy of the swindler's firm.