Is a Billion-Dollar Nazi Treasure Hidden in a Swiss Bank?

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Is a Billion-Dollar Nazi Treasure Hidden in a Swiss Bank?

US (2 / 1) 26.03.2024 14:47 von Tim Symbolbild imago


Fund with the codename "German Winter Aid"

The "uns" newspaper reports that this money is said to have been used for the "German Winter Aid". This secret fund is said to have been personally managed by Bank President Ludwig Freude, a German-Argentine businessman and convinced National Socialist. But not all the money flowed to the Hitler party. A large part of the assets ended up in an account with the Swiss Credit Institution (SKA), from which Credit Suisse emerged in 1997. So far, Credit Suisse has refused to disclose information about the whereabouts of the money, as the lawyers of the Wiesenthal Foundation report. To access the information, a court order would be required. Therefore, lawyers from Washington, Buenos Aires, Berlin, and Zurich are now trying to obtain such an order. "If the account was run under the name of a company and not under the name Ludwig Freude, then it is almost impossible to identify the account," the lawyers are certain.

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