Federal prosecutors and the trustee in charge of recovering money for the victims of Bernard Madoff’s Ponzi scheme have reached a settlement with the estate of Jeffry Picower worth $7.2 billion.
Continue readin…
Federal prosecutors and the trustee in charge of recovering money for the victims of Bernard Madoff’s Ponzi scheme have reached a settlement with the estate of Jeffry Picower worth $7.2 billion.
Continue readin…
Mark Madoff may be dead, but the litigation against him isn’t going away anytime soon.
Last week, a court-appointed trustee sued Mark Madoff along with two of his siblings, saying they had used ill-gotten gains from their father’s fraud.
On Saturda…
Irving Picard, the trustee trying to recover money on behalf of the victims of Bernie Madoff, said he filed lawsuits against seven global banks seeking total compensation of more than $1 billion.
Picard filed complaints against Citibank (C), Natixis …
Irving Picard, the trustee charged with recovering assets on behalf of Bernie Madoff’s victims, sued the owner of The New York Mets.
The suit against Sterling Equities, a real-estate developer, was sealed as the parties are currently in negotiations,…