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October 13, 2015

Madoff investors pin losses on auditors

SEATTLE (AP) — Nearly seven years after Bernie Madoff's investment empire was revealed to be a $17.5 billion fraud, the battle by investors to recover their losses ramps up in a case that goes to trial this week in Seattle.

A Washington state investment company is seeking to pin about $100 million of its losses from Madoff's crimes on auditor Ernst & Young.


 
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