European Authorities Join in Madoff-Related Probes

U.S. and British investigators have joined Austrian prosecutors in examining possible ties between a Vienna fund manager and disgraced financier Bernard Madoff, whose multibillion-dollar Ponzi scheme wiped out thousands of investors and charities worldwide, an official said Monday. Also Monday, the French prosecutor's office said it has opened a preliminary inquiry into losses the Credit Industriel and Commercial bank says it suffered due to dealings with Madoff, who was sentenced on June 29 to 150 years in prison.