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Madoff victims set to battle each other
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Madoff goods and chattels go on the block
By: dustgeer
U.S. marshals began auctioning Bernard and Ruth Madoff's personal possessions Saturday in a New York hotel in the first of a series of sales. At least 500 people showed up at the New York Sheraton Hotel and Towers and another 1,000 registered on line, The New York Times reported. They could bid on anything from Ruth Madoff's ...
18 days ago
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Death of Jeffry Picower, longtime friend of Bernard Madoff
By: macieklew
Florida philanthropist, Jeffry Picower has died today in the age of 67. He was found at the bottom of his swimming pool by his wife. Palm Beach police department is conducting an investigation as usual in any drowning. After Madoff scandal in December 2008, Picower was alleged to have extracted billions of dollars from his investment scheme. He ...
about 1 month ago
- News Source: International Herald Tribune | 2 months agoCourt to Decide Fate of Madoff Claims in February September 24, 2009, 2:46 pm The victims of Bernard L. Madoff’s vast Ponzi scheme, who have been fighting with the bankruptcy trustee over how much they will receive in restitution, may finally get...
- News Source: Sydney Morning Herald | 2 months agoThe prospect of Bernard Madoff's clients battling each other in court is becoming increasingly likely after prosecutors revealed that half of those who invested in the fraudster's $US65 billion ($74 billion) Ponzi scheme withdrew more than they put...
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