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...Many are unaware that a bankruptcy trustee, Irving H. Picard, has doggedly and successfully pursued those who took more money out of the scheme than they put in....
...Of those, the trustee, Irving Picard, recovered about $15bn....
...“The pain experienced by the victims of Mr Madoff’s fraud is not diminished by his death, nor is our work on behalf of his victims finished,” the trustee Irving Picard said this week....
...But Irving Picard, the trustee charged with recovering money for Madoff’s victims, determined that all but $17bn was imaginary....
...A US trustee, Irving Picard, is charged with recovering money for more than 2,500 victims....
...On Monday Irving Picard, the bankruptcy trustee, said he had agreed to settle negotiations with Herald Fund SPC and Primeo Fund, two feeder funds which brought clients’ money to Madoff....
...Irving Picard, trustee of the Madoff Recovery Initiative – a group that has recovered nearly $10bn of the $17bn lost by Madoff clients – filed an amended civil lawsuit in July this year alleging that the...
...The court rejected without comment an appeal from Irving Picard, the trustee liquidating Madoff’s securities firm, in the latest twist of the lengthy legal proceedings aimed at recovering billions of dollars...
...Irving Picard, the New York-based trustee for the liquidation of Bernard L Madoff Investment Securities, or BLMIS, has so far recovered $10.3bn of the $17.5bn lost through Madoff’s scam....
...Irving Picard, the trustee overseeing the liquidation and disbursement of settlements, has filed several lawsuits against banks and JPMorgan Chase remains under criminal investigation....
...A separate larger fund overseen by Irving Picard, the trustee seeking money for Madoff’s victims, has recovered $9.5bn....
...Irving Picard, the trustee liquidating the firm, has filed lawsuits against numerous bank and others. To date, he has recovered $9.75bn in settlements and distributed $4.8bn to customers....
...The US Court of Appeals for the Second Circuit in New York ruled that Irving Picard, the trustee for the liquidation of Bernard L. Madoff Investment Securities LLC, did not have standing in the case....
...It agreed to pay $1.7bn to the Department of Justice, $350m to the Office of the Comptroller of the Currency, $325m to Irving Picard, the trustee for the Madoff bankruptcy, and $218m to plaintiffs in class-action...
...Irving Picard, the trustee liquidating the firm, has filed lawsuits against numerous bank and others seeking to recover money....
...US officials said on Tuesday that the settlement, together with money recovered by Irving Picard, the trustee handling the liquidation of the Madoff estate, should compensate investors “for all or nearly...
...Irving Picard, the trustee charged with recovering assets since Madoff confessed to running a $19bn Ponzi scheme over three decades, said that 1,230 account holders were sent payments on Wednesday....
...Irving Picard, the trustee overseeing the Madoff liquidation, has objected to those claims, which are seeking as much as 9 per cent in interest ....
...Before the court was the question of the legitimacy of a “cash-in, cash-out” calculation which Irving Picard, the court-appointed trustee, used to determine distributions to certain customers and to seek...
...Irving Picard, the court appointed trustee liquidating the Madoff fund, has sued Peter Madoff and other family members seeking $255m....
...Two Swiss banks have promised to vigorously contest legal claims by Irving Picard, the trustee trying to recover funds for victims of Bernard Madoff’s Ponzi scheme....
...Irving Picard, the trustee, initially pursued claims of up to $1bn against the owners, arguing they were “wilfully blind” in their disregard of evidence that Mr Madoff’s enterprise was criminal....
...The trial, which starts on Monday, is a test for Irving Picard, the court-appointed trustee who is trying to recover money for Madoff investors....
...The settlement, which requires court approval, would resolve a claim by Irving Picard, the court-appointed trustee, who sued Mr Becker and his brother last year for $1.5m in allegedly fictitious profits...
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