Irving Picard

Fred Wilpon, Mets Owner, Made Money Off Bernie Madoff

nypost.com | Posted 10.21.2009 | New York


Talk about getting caught in a jam. After watching his team go down to defeat this season, Mets owner Fred Wilpon now faces potential "clawback" suit...

Irving Picard Sues Madoff Family For Almost $200M

AP | LARRY NEUMEISTER | Posted 10.03.2009 | Business


NEW YORK — Bernard Madoff's brother, sons and a niece used the family finance business like a "piggy bank," a court-appointed trustee charged Fr...

Madoff Trustee Irving Picard: Let Madoff's Sons Go Bankrupt (VIDEO)

Posted 09.28.2009 | Business


The man in charge of unwinding Bernie Madoff's massive Ponzi Scheme appeared on 60 Minutes last night, in one of his first major public appearances. (...

Madoff Trustee's Law Firm Will Make $14.7M For Four Months Work

bloomberg.com | Erik Larson | Posted 09.07.2009 | 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 08.29.2009 | 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 07.24.2009 | 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: Read The Complaint (VIDEO)

The Huffington Post | Ryan McCarthy | Posted 07.16.2009 | 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 ...

Madoff Family's Luxury Lifestyle Revealed (SLIDESHOW)

ABC News | BRIAN ROSS, JOSEPH RHEE, KATE MCCARTHY and JOANNA JENNINGS | Posted 06.20.2009 | Business


According to a report by ABC News, new documents provide an inside look at the Madoff family family's expensive lifestyle and big-ticket purchases. ...

Madoff Money Recovered: Trustee Gets About $1 Billion, Expects More For Clients Soon

Reuters | Posted 06.14.2009 | Business


About $1 billion has been recovered to pay back the defrauded customers of swindler Bernard Madoff, but settlements in the coming weeks will boost the...

Irving Picard: Madoff Firm Was Family's Piggy Bank

AP | TOM HAYS | Posted 06.13.2009 | Business


NEW YORK — The credit card bill is a 30-page study in conspicuous consumption. A quick scan shows a restaurant charge of more than $2,800, $2,0...

Madoff Bankruptcy Trustee Picard Subpoenas Brokerage Firm Jefferies

Bloomberg | Christopher Scinta | Posted 03.19.2009 | Business


A unit of Jefferies Group Inc., the New York brokerage that specializes in mid-sized companies, received a subpoena from Irving Picard, the trustee se...

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

AP | LARRY NEUMEISTER | Posted 01.29.2009 | Business


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