NEW YORK (Reuters) – The trustee liquidating Bernard Madoff’s investment firm late on Thursday filed three lawsuits against entities affiliated with family members of the imprisoned swindler, accusing them of taking nearly $200 million of investor cash to fund “lavish lifestyles.”
Also tagged 200-million, bernard, domesticnews, entities-affiliated, lavish-lifestyles-, the-imprisoned, thursday, trustee-liquidatingBANGALORE (Reuters) – Irving Picard, the court-appointed trustee overseeing the liquidation of Bernard Madoff’s investment firm, is preparing to file new lawsuits to recover funds from investors who were also duped by the Ponzi scheme, the Wall Street Journal said.
Also tagged domesticnews, file-new, irving-picard, liquidation, ponzi, the-court-appointed, the-liquidationNEW YORK (Reuters) – Billions of dollars will soon be added to the money recovered by the trustee leading the global search for assets from convicted swindler Bernard Madoff’s fraud, according to a court document filed on Monday.
Also tagged a-court-document, court-document, filed-on-monday, for-assets, from-convicted, leading-the-global, money, new, the-money, trusteeNEW YORK (Reuters) – Billions of dollars will soon be added to the money recovered by the trustee leading the global search for assets from convicted swindler Bernard Madoff’s fraud, according to a court document filed on Monday.
Also tagged billions, court-document, filed-on-monday, for-assets, from-convicted, global, global-search, leading-the-global, new, the-trusteeAP – A New York bankruptcy judge has rejected a legal challenge by Bernard Madoff’s victims over how they should be compensated.
Also tagged a-legal-challenge, bernard, court, has-rejected, irving-picard, legal-challenge, picard, the-bankruptcy, victims-overNEW YORK (Reuters) – Bernard Madoff’s bankruptcy trustee and the law firm employing him have asked a U.S. judge to be awarded $22.1 million in fees for five months of work, boosting their combined total bill to more than $37.5 million.
Also tagged 37-5-million-, combined-total, domesticnews, fees-for, have-asked, new, yorkNEW YORK – (AP) Bernard Madoff’s victims have so far received $530 million in compensation a record for a securities industry group providing the money, but only a fraction of what they lost in the disgraced financier’s epic swindle. The total being paid by the Securities Investors See the original post …
Also tagged 530-million, a-record-for, bernard, but-only, disgraced, money, post, record-for, securities, the-money, the-original, victims-haveThe Beverly Hills money manager is accused of funneling hundreds of millions of his clients’ dollars to a Ponzi scheme operated by Bernard Madoff. A bankruptcy judge in New York has frozen the assets of Beverly Hills money manager Stanley Chais, who is accused of funneling hundreds of millions of …
Also tagged assets, bankruptcy-judge, bernard, beverly, beverly-hills, clients, funneling-hundreds, has-frozen, money-manager, ponzi, scheme-operated, stanley-chais, the-assetsNEW YORK – (AP) Bernard Madoff’s brother, sons and a niece used the family finance business like a “piggy bank,” a court-appointed trustee charged Friday as he demanded in a lawsuit that they return almost $200 million that fueled their lavish lifestyle at the expense of investors. See more here: Madoff trustee …
Also tagged 200-million, a-niece-used, bernard, expense, lavish, more-here, niece-used, sons-and, the-expense, the-family, their-lavish, trustee, trustee-charged, used-the-familyNEW YORK (Reuters) – The bankruptcy trustee overseeing the liquidation of Bernard Madoff’s investment advisory firm will ask a court to decide how much the imprisoned swindler’s victims should recover, including those seeking profits reflected on their faked account statements. Original post: Madoff trustee to review swindled victims’ claims
Also tagged account-statements-, bernard, faked, imprisoned, imprisoned-swindler, investment-advisory, madoff, much-the, much-the-imprisoned, new, reflected-on-their, review-swindled, seeking-profits