List Of Who's Said To Have Lost Out In Madoff's Alleged Scam (Updated)

Here's an early list of those who are thought to have lost out in Bernard Madoff's alleged $50bn scam.

Fairfield Greenwich Group - $7.5bn (company statement)

Kingate Management - $3.5bn (Bloomberg)

Banco Santander - $3.1bn direct and indirect exposure (company statement)

Tremont Group - $3.1bn (Bloomberg)

Bank Medici - $2.1bn (company statement)

Ascot Partners LLC - $1.8bn (The Wall Street Journal)

Access International Advisors - $1.4bn (company statement)

Fortis - $1.4bn (company statement)

HSBC - $1bn (Financial Times)

Benbassat & Cie - $935m (Le Temps)

Union Bancaire Privee - $850m (Le Temps)

Horowitz Association - $800m (Haaretz newspaper)

Natixis - $533m in indirect exposure (company statement)

BNP Paribas - $468m (company statement)

BBVA - $404m (Reuters)

Fix Asset Management - $400m (company statement)

Man Group - $360m (company statement)

Royal Bank of Scotland - $360m (company statement)

Reichmuth & Co - $330m (firm letter to clients)

Nomura Holdings - $302m (company statement)

Maxam Capital Management - $280m (The Wall Street Journal)

Pioneer Alternative Investments - $280m (Bloomberg)

EIM Group - $230m (Le Temps)

UniCredit - $100m (company statement)

Societe Generale and UBS have both come out and confirmed insignificant exposure.

Sources - Bloomberg, CNBC, Reuters, The Wall Street Journal

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