Berne pool of broadcasting corporations ("Bernie ") Cornfeld (* 1927 in Turkey; "† 1995 in London) were a prominent businessman, who sold fraudulent Investments in USA situation funds.

In the United States the former Taxifahrer and Playboy worked first as a social worker. Into the 1950er years began it with the sales of investment trusts and created in the following decade its own fund company, investor the Overseas services (IOS), which it outside of the USA with funds in Canada and a headquarters in Geneva (Switzerland) connected. It adjusted 25,000 representatives, who sold its 18 investment trusts in the entry door business in Europe, particularly in Germany at Kleinanleger. A preferential target group USA etc. other was and - soldiers, who wanted to go around American income taxes. Cornfeld called "the Peoples Capitalism (people capitalism) ".

In the next ten years IOS grew and controlled about 2.5 billion $. By an obscure network of further funds, into which in particular "the find invested OF of find ", a substantial part of the fixed assets disappeared. It succeeded to Cornfeld also to win prominent ones for the support of its "business idea ". In Germany thereby the politician Erich Mende played an inglorious role. When one period of the stock exchange weakness occurred and its portions sold to customers, the system broke down.

Cornfeld, which admits for its life guidance with wasteful parties had been, tried then in Beverly Hills as a film producer. With an attendance in Geneva it was arrested and sat eleven months in detention, until it could place an endorsement and the accusations was waived. It returned then to Beverly Hills and to its earlier life-style. Occasionally it had a relationship with the Kupplerin Heidi diligence.

Bernie Cornfeld died in London become impoverished at the consequences of a brain bleeding.

Literature

• CAN gate, B.: The Bernie Cornfield story, Lyle Stuart, Inc., 1970
• Pellizzi, G.: Bernie, the Milliardenflipper, red book publishing house, Berlin, 1977, ISBN 3-8802-2128-6

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