Hints and tips:
...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....
...“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....
...It is currently being sued in the US by the Madoff trustee, Irving Picard, who alleges improper conduct and is seeking money for victims of the scheme....
..., lead counsel for the trustee....
...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, 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 trustee overseeing the liquidation and disbursement of settlements, has filed several lawsuits against banks and JPMorgan Chase remains under criminal investigation....
...About $1.7bn of that will be distributed to investors. Irving Picard, the trustee liquidating the firm, has filed lawsuits against numerous bank and others....
...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....
...Top lieutenants of convicted Ponzi schemer Bernard Madoff will testify for the first time publicly about their involvement in one of the greatest investment scams in history as the trial of five former employees...
...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...
...Victims of convicted ponzi schemer Bernard Madoff will receive cheques totalling $2.5bn this week, the largest distribution of funds recovered by the trustee for the estate since the fraud was discovered...
...Irving Picard, the court appointed trustee liquidating the Madoff fund, has sued Peter Madoff and other family members seeking $255m....
...David Becker, the former top lawyer for the Securities and Exchange Commission who came under fire for his involvement in the agency’s decisions relating to Bernard Madoff, has agreed to pay more than $550,000...
...Indeed, Mr Wilpon was a close personal friend of Mr Madoff, and had invested much of his personal wealth, and the team’s finances, in Bernard L Madoff Securities....
...The trustee charged with overseeing the recovery and distribution of lost monies, Irving Picard, has collected $8.69bn – roughly half the $17.3bn in customer funds estimated to have been lost to the fraud...
...Madoff Investment Securities LLC, where they were once customers....
...Irving Picard, the US trustee representing Mr Madoff’s victims, filed a $19.6bn lawsuit last December against Mrs Kohn, Bank Medici – her failed private bank – and dozens of other parties alleging their...
...In a strongly worded opinion, Judge Jed Rakoff rejected the legal theory pursued by Irving Picard, the court-appointed trustee for Bernard L....
...The US trustee overseeing the dissolution of Bernard Madoff’s investment company is seeking $43.8m in legal fees for himself and his law firm for work done in the past six months, bringing the total expenses...
...However, Madoff, 72, maintained that banks including JPMorgan Chase, primary banker for his firm, Bernard L Madoff Investment Securities, possessed sufficient account information to detect suspicious activity...
...For immediate release December 14, 2010 Statement Regarding Claims Filed by the Trustee of Bernard Madoff against 2020 Medici (Formerly Bank Medici) (”Medici”) , Mrs....
...Madoff trustee sues Abu Dhabi fund The trustee representing Bernard Madoff’s victims has sued the Abu Dhabi Investment Authority seeking the return of $300m that the sovereign wealth fund withdrew from the...
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