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-madoff, domesticnews, entities-affiliated, lavish-lifestyles-, the-imprisoned, thursday, trustee-liquidatingNEW YORK (Reuters) – The trustee overseeing the liquidation of Bernard Madoff’s financial advisory firm has sued 43 new defendants affiliated with a hedge fund firm that fed money to the now-imprisoned Ponzi schemer.
Also tagged a-hedge-fund, domesticnews, firm-has, hedge-fund, liquidation, the-liquidation, trustee-overseeing, yorkAP – 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-madoff, court, has-rejected, irving-picard, legal-challenge, picard, the-bankruptcy, victims-overNEW YORK (Reuters) – A company created by imprisoned Ponzi schemer Bernard Madoff that owns one-half of a $25 million corporate jet has filed for bankruptcy protection.
Also tagged bankruptcy-protection, domesticnews, filed-for, jet-has, million-corporate, 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-madoff, 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-madoff, 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-madoff, expense, lavish, more-here, niece-used, sons-and, the-expense, the-family, their-lavish, trustee, trustee-charged, used-the-familyNEW YORK – (AP) A trustee recovering Bernard Madoff’s assets for jilted investors has labeled a Florida philanthropist as the biggest beneficiary of Madoff’s multibillion-dollar fraud and demanded he return more than $7 billion in bogus profits, his lawyers say. Trustee Irving Picard rejecte See the rest here: Madoff trustee seeks $7B …
Also tagged anthropist-as-the, assets-for, biggest, florida, has-labeled, jilted-investors, madoff, trustee-irving, trustee-seeks, yorkNEW 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-madoff, faked, imprisoned, imprisoned-swindler, investment-advisory, madoff, much-the, much-the-imprisoned, new, reflected-on-their, review-swindled, seeking-profitsNEW YORK (Reuters) – A firm co-founded by Bernard Madoff has asked a U.S. bankruptcy judge to dismiss a roughly $100 million lawsuit accusing it of helping to fund billions of dollars to the now-imprisoned swindler.
Also tagged 100-million, bankruptcy-judge, bernard-madoff, domesticnews, firm-co-founded, fund-billions, has-asked, lawsuit-accusing, new, the-now-imprisoned, york