
Associated Press - July 6, 2009 1:15 PM ET
VIENNA (AP) - An Austrian official says investigators are examining possible ties between a Vienna fund manager and disgraced financier Bernard Madoff.
Gerhard Jarosch - a spokesman for the Vienna public prosecutors office - says the office is helping the U.S. Justice Department and British investigators in separate probes of Bank Medici AG and its chairwoman, Sonja Kohn.
Kohn's attorney says Kohn's family lost money in Madoff's multibillion-dollar fraud but never had any personal dealings with him.
The Wall Street Journal reported Friday that prosecutors believe Madoff paid Kohn in exchange for funneling billions of dollars in European investments to Madoff.
Madoff was sentenced last week to 150 years in prison for swindling thousands of investors of billions.
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