Updated

The following is a Wall Street Journal list of investors, funds, charities and banks that have been hit by the $50 billion scheme allegedly hatched by Bernard Madoff, who is accused of running a giant Ponzi scheme that defrauded investors the world over.

The damages are immense, wiping out pensions for entire towns, shuttering philanthropic organizations and burning through billions in longstanding investments.

Click here to see the Wall Street Journal's list.

Fairfield Greenwich Advisors
Investment management firm
$7,500,000,000

Tremont Capital Management
The fund-of-funds business run by Tremont Group Holdings
$3,300,000,000

Banco Santander
Spanish bank
$2,870,000,000

Bank Medici
Austrian bank
$2,100,000,000

Ascot Partners
Hedge fund
$1,800,000,000

Access International Advisors
A New York-based investment firm
$1,400,000,000

Fortis
Dutch bank
$1,350,000,000

Union Bancaire Privee
Swiss bank
$1,000,000,000

HSBC
British bank
$1,000,000,000

Natixis SA
French investment bank
$554,400,000

Carl Shapiro
Founder of apparel company Kay Windsor Inc.
$545,000,000

Royal Bank of Scotland Group PLC
British bank
$492,760,000

BNP Paribas
French bank
$431,170,000

BBVA
Spanish bank
$369,570,000

Man Group PLC
U.K. hedge fund
$360,000,000

Reichmuth & Co.
Swiss private bank
$327,000,000

Nomura Holdings
Japanese brokerage firm
$303,000,000

Maxam Capital Management
A fund of funds based in Darien, Connecticut
$280,000,000

EIM SA
European investment manager with about $11 billion in assets
$230,000,000

AXA SA
French insurance giant
$123,200,000

UniCredit SpA
Italian bank
$92,390,000

Nordea Bank AB
Swedish bank
$59,130,000

Hyposwiss
Swiss private bank
$50,000,000

Banque Benedict Hentsch & Cie. SA
A Swiss-based private bank
$48,800,000

Fairfield, Conn.
Town pension fund
$42,000,000

Bramdean Alternatives
An asset manager
$31,200,000

Jewish Community Foundation of Los Angeles
The largest manager of charitable gift assets for Los Angeles Jewish philanthropists
$18,000,000

Harel Insurance Investments & Financial Services Ltd.
Israel-based insurance firm
$14,200,000

Baloise Holding AG
Swiss insurer
$13,000,000

Societe Generale
French bank
$12,320,000

Groupama SA
French insurer
$12,320,000

Credit Agricole SA
French bank
$12,320,000

Richard Spring
Individual investor
$11,000,000

RAB Capital
Hedge fund
$10,000,000

Banco Popolare
Italian bank
$9,860,000

Korea Teachers Pension
A 10 trillion won Korean pension fund
$9,100,000

Swiss Life Holding
Swiss insurer
$78,900,000

Mortimer B. Zuckerman Charitable Remainder Trust
Charitable trust of real-estate magnate who owns New York Daily News
$30,000,000

North Shore-Long Island Jewish Health System
Health system
$5,700,000

Neue Privat Bank
Swiss bank
$5,000,000

Clal Insurance Enterprise Holdings
An Israel-based financial services company
$3,100,000

Ira Roth
Individual investor
$1,000,000

Mediobanca SpA
Via its subsidiary Compagnie Monegasque de Banque
$671,000

Fred Wilpon
Owner of New York Mets
N/A

Steven Spielberg
Through his charity, the Wunderkinder Foundation
N/A

JEHT Foundation
A New York foundation focused on electoral and criminal justice reform
N/A

Robert I. Lappin Charitable Foundation
Massachusetts-based Jewish charity closed by complete losses
N/A

Chais Family Foundation
Jewish charity closed by complete losses
N/A

KBC Group NV
Belgian banking and insurance group
N/A

Credit Suisse
Swiss bank
No material direct exposure but it is reviewing if any client funds were affected

Barclays PLC
British bank
The bank says it has "minimal" exposure" and is "fully collateralized"

Dexia
French bank
Private clients have exposure of €78 million. Dexia has €164 million of indirect exposure

Allianz Global Investors
The asset management unit of German insurer Allianz SE
N/A

Banco Espanol de Credito SA (Banesto)
Spanish bank contolled by Banco Santander
Clients have €2 million euros of exposure

CNP Assurances
French insurer
No direct exposure. Indirect exposure of €3 million via a fund of funds

UBS AG
Swiss bank
N/A

Yeshiva University
A New York-based private university
N/A

The Elie Wiesel Foundation for Humanity
The charitable foundation of Nobel laureate
N/A

Leonard Feinstein
The co-founder of retailer Bed Bath & Beyond
N/A

Sen. Frank Lautenberg
The charitable foundation of the New Jersey senator's family
N/A

Norman Braman
Former owner of Philadelphia Eagles
N/A

Jeffrey Katzenberg
The chief executive of DreamWorks Animation SKG Inc.
Mr. Katzenberg has suffered millions in Madoff-connected losses, say people familiar with the matter.

Gerald Breslauer
Financial advisor to Steven Spielberg and Jeffrey Katzenberg
N/A

Kingate Management
Hedge fund
$2.8 billion Kingate Global Fund reportedly invested heavily with Madoff

Julian J. Levitt Foundation
Texas-based charity
N/A

Loeb family
N/A

Lawrence Velvel
Individual investor, dean of the Massachusetts School of Law
N/A

Fix Asset Management
Hedge fund
N/A

Genevalor, Benbassat & Cie.
Money manager in Geneva
N/A