Madoff Victim
Bettencourt was reported to be one of the most high-profile victims of Bernard Madoff's Ponzi scheme, losing € 22 million. She was the first investor in a fund managed by Access International Advisors, which was co-founded by René-Thierry Magon de la Villehuchet. De la Villehuchet committed suicide on 23 December 2008 after it became known that his funds had invested a substantial amount of their capital with Madoff.
Read more about this topic: Liliane Bettencourt
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