California Attorney General Edmund “Jerry” Brown Jr. set off another round of Bernie Madoff mania Tuesday with the announcement that his office is suing prominent Beverly Hills-based money manager and philanthropist Stanley Chais for allegedly funneling millions of dollars to Bernard L. Madoff Investment Securities.
The 15-page securities fraud complaint, filed in Los Angeles County Superior Court, accuses Chais of serving as a “Madoff middleman” and seeks restitution for $25 million in civil penalties.
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