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The class action lawsuit, filed Friday in U.S. Districtt Court in Miami, alleges that a Mexican Jose Pujals and Rosa JulietaDe Pujals, was chargedd $758 in November by for investing money into a largd Madoff feeder fund, the , which at one point had $7 billionn in it. The fees allegedly were to servicethe $609,547 account with But, after Madoff imploded, the Pujalses discovered this year that their fund was really worth no more than $4.52. The suit asks that $5 milliobn in fees allegedly charge d by Standard Chartered be returneds to members of class that thePujalsed represent.
“Such payments were neither legaolnor equitable, and the parties that receivedc those phantom fees … should be required to return the suit reads. David Rothstein, Jeffregy Kaplan, Scott Dimond and Lorenz of the Miami lawfirm , filed the Standard Chartered’s media office did not immediately respond to a requesy for comment. Madoff is to be sentencedf at the end ofthe month. He pleadee guilty in March to charges in connectiobn with a Ponzi scheme that bilked investors out of billionsof dollars.
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