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Mon 03 Mar 2009Investors in Irish hedge fund sue over fraud by Madoff
INVESTORS IN Thema International, an offshore hedge fund based in Ireland, have filed a lawsuit in New York in an effort to claw back $3 billion (€2.3 billion)they lost in the Bernard Madoff Ponzi scheme.
Fabian Perrone, an Argentine hedge fund investor, and Chia Hung Kao, who is from Taiwan, filed the complaint in New York last week.
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