Wednesday, 4 February 2009

For Sale



Two interesting residential properties have come on to the market. And they could not be more different. In Esher, Surrey, well-known City veteran Stephen Raven – who ran Bernie Madoff’s London trading operation – has put his five-bed home on the market.

In Scotland Eric Liddell’s former home is up for sale. Liddell was one of Britain’s legendary sporting heroes.

Madoff is alleged to have masterminded a £34 billion fraud. Raven lost his post as chief executive of Madoff Securities International when the business went into provisional liquidation.

Raven, 70, has lived at his Esher home for over 20 years. He has said he had no knowledge of Madoff’s alleged international scam in which celebrities, banks and corporations are said to have lost millions. Raven’s house is being sold for £1.75 million.

The Serious Fraud Office are looking into Madoff’s London business. People claiming they have been victims of Madoff’s operation are still turning up. The latest alleged victims include an Austrian bank and the actress Zsa Zsa Gabor, 91.

Liddell was a brilliant runner whose life was chronicled in the 80’s movie Chariots of Fire. He was known as the Flying Scot and spent some of his childhood at Ashbank, in Drymen, near Loch Lomond. The four bed house is for sale at £450,000.

Liddell was devoutly religious and refused to run on a Sunday in the 100 yards race in the Paris Olympics in 1924. Later he won a gold and a bronze in other events.

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