Bernie Madoff’s Debts Have Fallen Even Further Down the Family Tree
Five Madoff grandchildren are named in lawsuits to recover funds for Ponzi scheme victims.
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Five Madoff grandchildren are named in lawsuits to recover funds for Ponzi scheme victims.
Irving Picard spent $26.9 million to recover $849,000.
Madoff trustee Irving Picard rips Bernie's feeder fund a new one.
J. Ezra Merkin's funds are still getting sued for $564.6 million, but some of that money will have to come from the funds that lost it all.
The trustee of the Madoff estate is loathed by mostly everyone. :(
Now the trustee charged with recouping money for defrauded investors says that Fairfield Greenwich executives knew too much to be innocent, and owe billions for their collusion.
Real-estate brokers have been invited to visit the Ponzi schemer's house, while he's still in it! Awkwardness ensues.
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