Pedro Almodóvar caught in Madoff fraud

As we mentioned several days ago, numerous financial firms in Latin America and Europe have suffered embarrassing losses after being caught up in Bernard Madoff’s pyramid scheme. For instance, Chilean brokerage house Celfin Capital SA will have its slim 2008 profits cut in half after its clients invested millions of dollars with Madoff (image).

As the outstanding Guanabee blog noted today, several celebs who did business with the Wall Street huckster have also felt the pinch:

Pedro Almodóvar and his brother Agustin had invested their production company, El Deseo, in Oyster Investments, which was itself invested in one of the funds affected by the Madoff fraud, Lux Invest. So luckily for Almodóvar, his company was only affected tangentially, although significantly. Other casualties from the fallout include Steven Spielberg (who reportedly lost “millions”) and Uma Thurman’s fiancé, businessman Arpad Busson, who lost around 160 million in the fraud.

Image- AFP
Online Sources- The Latin Americanist, Guanabee