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Madoff Trustee

Madoff Victims May Receive Biggest Payout Yet

Reuters | Posted 09.26.2012 | Business

By Jonathan Stempel NEW YORK, July 26 (Reuters) - The trustee seeking money for Bernard Madoff's former clients has asked a bankruptcy...

Top 5 Sports Stories

Len Berman | Posted 05.20.2012 | New York
Len Berman

The Madoff trustee wanted a billion, he got $162 million instead. And nothing has to be paid for three years. So now the Mets are solvent right? They can go back to being a big league team in a big league city right? We can only hope.

Judge: Mets Owe Up To $83 Million

AP | LARRY NEUMEISTER | Posted 05.05.2012 | Sports

NEW YORK — The New York Mets' owners must pay up to $83 million to the trustee recovering money for Bernard Madoff investors, a judge said Monda...

JPMorgan Fires Back At Madoff Trustee

Bloomberg News | Linda Sandler | Posted 05.25.2011 | Business

JPMorgan Chase & Co. (JPM), sued for $6.4 billion by the trustee for Bernard L. Madoff's firm, said the trustee has no right to "abrogate" a yearlong ...

Top SEC Lawyer Inherited Fraudulent Madoff Profit, Lawsuits Says

AP | Posted 05.25.2011 | Business

NEW YORK — The top lawyer at the Securities and Exchange Commission has been named as a defendant in a lawsuit by the trustee who's trying to re...

JPMorgan Slams Madoff Trustee, Demands Trial

Posted 05.25.2011 | Business

(By Jonathan Stempel) JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of doing an end ru...

Madoff trustee Sues HSBC For $9 Billion

AP | TOM HAYS | Posted 05.25.2011 | Business

NEW YORK — HSBC prolonged disgraced financier Bernard Madoff's ability to burn investors by "engineering a labyrinth" of international sources of fu...

JPMorgan Ignored Madoff Suspicions, Lawsuit Says

Posted 05.25.2011 | Business

JPMorgan Chase & Co executives stood by silently as their client Bernard Madoff ran his epic Ponzi scheme, hoping to protect the bank's investments ...

Madoff Trustee Gets $7 Billion Settlement From Picower Estate

AP | TOM HAYS and DAVID B. CARUSO | Posted 05.25.2011 | Business

NEW YORK — Many of Bernard Madoff's victims who thought they lost everything could get at least half their money back after the widow of a Flori...

Investors Snatching Up Madoff Victims' Claims

nytimes.com | PETER LATTMAN and DIANA B. HENRIQUES | Posted 05.25.2011 | Business

The lawsuits filed by the trustee seeking money for Bernard L. Madoff's fraud victims may be a blow for the defendants -- but they are catnip for an o...

JPMorgan Worried Madoff's Returns Were 'Too Good To Be True'

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Bernie Madoff's outrageous, unflagging returns struck a JPMorgan employee as "too good to be true" two months before his arrest, according to newly un...

Madoff Trustee Sues UBS, Investors For Ponzi Profits

Posted 05.25.2011 | Business

BANGALORE: The trustee liquidating Bernard Madoff's investment management firm sued UBS AG and various other entities for allegedly profiting from the...

John Malkovich: Madoff Owes Me $2.2 Million

AP | Posted 05.25.2011 | Business

NEW YORK — Actor John Malkovich's lawyers have complained to a judge in New York overseeing the bankruptcy of jailed financier Bernie Madoff that he...

Madoff Sons May Pay For His Sins: Trustee Seeks Millions On Behalf Of Victims

CBS News | Font Size | Posted 05.25.2011 | Business

CBS News has learned the court-appointed trustee overseeing the Madoff case is ready to up the ante on behalf of victims. Trustee Irving Picard is po...

Madoff Trustee Will Make $14.7M For Four Months Work

bloomberg.com | Erik Larson | Posted 05.25.2011 | Business

Aug. 6 (Bloomberg) -- The trustee liquidating Bernard Madoff's investment company won court approval of a $14.7 million bill for four months work by h...

Ruth Madoff Sued For $44.8 Million 'Clawback' By Trustee

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — The trustee overseeing the liquidation of Bernard Madoff's assets sued the disgraced money manager's wife on Wednesday, asking for ne...

Madoff Client, Jeffry Picower, Netted $5 Billion From Ponzi Scheme

ProPublica | Jake Bernstein | Posted 05.25.2011 | Business

By Jake Bernstein, ProPublica It is rare these days to see Bernard Madoff's name in print unaccompanied by the word "Ponzi." Yet recent allegations...

Madoff Victims Sue Trustee Picard

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

The NY post reports that three victims of Bernie Madoff are seeking millions in damages from Irving Picard, the trustee in charge of dismantling the ...

Stanley Chais, LA Money Manager, Sued By NY Trustee In Madoff Scandal

AP | TOM HAYS | Posted 05.25.2011 | Business

NEW YORK — A longtime Los Angeles money manager and philanthropist raked in more than $1 billion in false earnings from disgraced financier Bern...

Madoff "Clawback": Trustee Seeks $150 Million

Reuters | Martha Graybow | Posted 05.25.2011 | Business

NEW YORK (Reuters) -- The trustee liquidating Bernard Madoff's brokerage filed a lawsuit on Thursday seeking the return of $150 million that the firm ...

Irving Picard, Madoff Trustee, Wants $28 Million For Costs

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — A judge presiding over civil claims filed against disgraced financier Bernard Madoff says he may be willing to consider extending rel...