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L'Oreal heiress 'invested with Madoff'

China Daily | Updated: 2008-12-25 08:00

L'Oreal heiress 'invested with Madoff'

Customers browse through L'Oreal products in the Printemps store in Paris. Inset: Liliane Bettencourt. Bloomberg News/AFP

Liliane Bettencourt, the world's wealthiest woman, entrusted part of her $22.9 billion fortune with Bernard Madoff through the fund manager found dead in New York on Tuesday, two people familiar with the matter said.

L'Oreal heiress 'invested with Madoff'

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