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Stanley Chais dies at 84; money manager invested with Bernard Madoff

Stanley Chais, the Beverly Hills money manager whose clients lost hundreds of millions of dollars in the notorious Wall Street investment scam run by Bernard L. Madoff, died Sunday in New York. He was 84.
[additional-authors]
September 27, 2010

From LATimes.com:

Stanley Chais, the Beverly Hills money manager whose clients lost hundreds of millions of dollars in the notorious Wall Street investment scam run by Bernard L. Madoff, died Sunday in New York. He was 84.

Chais, who was facing a lawsuit by the Securities and Exchange Commission and was under criminal investigation by federal prosecutors in New York, died at an undisclosed location in Manhattan, said Ellen Borakove, spokeswoman for the New York City chief medical examiner. No cause was given, but Chais had been suffering from a rare blood disease.

Read more at LATimes.com.

Learn about STANLEY CHAIS here.
Class-action suit filed in Madoff case also names L.A.’s Stanley Chais
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Stanley Chais sued by Madoff court-appointed trustee

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