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…
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,…
Irving Picard, trustee for the victims of the Madoff fraud, has a new target – other Madoff clients.
Picard has filed lawsuits against hundreds of defendants saying they profited from Madoff’s giant Ponzi scheme, withdrawing more than they inve…