An Austrian bank accuses the trustee recovering money for victims of Bernard Madoff's fraud of going after the bank and its principal shareholder as part of an "international witch-hunt."
In a statement out of Vienna, 2020 Medici — formerly known as Bank Medici — blames court-appointed trustee Irving Picard for unfairly casting blame for Madoff's fraud on the bank and Sonja Kohn.
The bank said the claims "are completely unfounded and untrue."
Last Friday, Picard filed papers in federal bankruptcy court in Manhattan saying that Kohn was in essence Madoff's "criminal soul mate."
