Last week, I wrote how Piedrahita, the major shareholder of a feeder fund that lost $7 billion of investors' money to Bernie Madoff, was summering on his new yacht. This week, he's off the yacht.
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I have unwelcome news of Andres Piedrahita, the brash Colombian chief shareholder of Fairfield Greenwich.
After a telephone conversation with Andres, I heard that he and many family members including his father-in-law lost enormous amounts of their personal net worth in Madoff's Ponzi scheme.
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