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  1. Mets Owners Agree to Pay $162 Million to Madoff Victims

    Mon, 19 Mar 2012

    orchestrated by Bernie Madoff . "We believe that this is a fair and just settlement," said David Sheehan, chief counsel to Irving Picard , the court-appointed trustee recovering money on behalf of Madoff's defrauded clients. The trustees had demanded

  2. Sandy Koufax, Baseball Hall of Famer, to Testify in Madoff-Mets Trial

    Tue, 13 Mar 2012

    submitted Tuesday by lawyers of the Mets co-owners, according to court documents. Court-appointed bankruptcy trustee Irving Picard has filed over 1,000 lawsuits against former Madoff investors to reclaim billions of dollars of investments lost

  3. Madoff Trader Pleads Guilty to 40 Years of Fraud

    Mon, 21 Nov 2011

    Office. "Kugel withdrew millions of dollars of phony profits that he knew weren't from actual trading activity." Irving Picard , the court-appointed trustee overseeing the liquidation of Bernard L. Madoff Investment Securities, has said Kugel

  4. Bernie Madoff Victims Get Their Money Back

    Wed, 5 Oct 2011

    today. "This initial distribution is the first return of stolen funds to Madoff's defrauded customers," said Irving Picard , the trustee overseeing the liquidation of Madoff's firm in federal bankruptcy court. More than 1,200 account

  5. NYC Court Upholds Trustee's Calculation of Losses

    Tue, 16 Aug 2011

    risk" because insurance cannot be relied upon, she said in a statement. Amanda Remus, a spokeswoman for trustee Irving Picard , called the ruling "an important step forward for customers with allowed claims." "We have maintained all along that

  6. Court ruling angers some Madoff investors

    Tue, 16 Aug 2011

    invested with Madoff, less any withdrawals, "is legally sound in light of the circumstances of this case." Trustee Irving Picard called the ruling "an important step forward" for former Madoff clients whose reimbursement claims he has allowed

News

  1. NYC Court Upholds Trustee's Calculation of Losses

    Tue, 16 Aug 2011

    appeals panel in March did not immediately return a telephone call for comment. Amanda Remus, a spokeswoman for trustee Irving Picard , called the ruling "an important step forward for customers with allowed claims." "We have maintained all along that

  2. NY Trustee: Almost Half of Madoff Losses Recovered

    Thu, 28 Jul 2011

    trustee announced Thursday as he revealed a settlement that adds more than a billion dollars to the total. Trustee Irving Picard said the latest agreement was reached with more than a dozen domestic and foreign investment funds, their affiliates

  3. Mets Owners Seek to Toss Madoff Trustee Lawsuit

    Thu, 7 Jul 2011

    was revealed in December 2008. The papers were filed in response to a lawsuit brought by court-appointed trustee Irving Picard , who has filed more than 1,000 lawsuits seeking to recover billions of dollars lost by investors in Madoff's fraud

  4. Billions More Sought From Bank in Madoff Case

    Fri, 24 Jun 2011

    Trustee appointed to recover funds in Madoff fraud seeks billions more from JP Morgan Chase

  5. Madoff Payroll Manager Pleads Guilty in NYC

    Mon, 6 Jun 2011

    fraud, telling the judge that he "worked to deceive auditors." "I'm very sorry for my conduct," he said. Irving Picard , a court-appointed trustee seeking to recover billions of dollars in losses for thousands of clients in Madoff

  6. Feds: Another Former Madoff Worker to Plead Guilty

    Thu, 2 Jun 2011

    company in 1992 and acted as a "lieutenant" to Madoff, as well as the company's payroll manager. Court trustee Irving Picard accused both father and son of being aware of the Ponzi scheme and helping to conceal it, all while pocketing about

  7. SEC chief says she regrets lawyer's role in Madoff review

    Thu, 10 Mar 2011

    could not recall whether Becker told her that he and his brothers received an inheritance from his mother's account. Irving Picard , the court-appointed trustee seeking Madoff assets to repay victimized investors, is now suing to recover $1

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Videos

  1. Two Years After the Bernie Madoff Arrest

    Fri, 10 Dec 2010

    his investment fair. The is one of a flurry of lawsuits seeking more than 36 billion dollars. Bankruptcy trustee Irving Picard has filed as the deadline for recovery Madoff money looms this Saturday on the anniversary. Others close to Madoff

    Irving Picard found at 1:22

    a flurry of lawsuits seeking more than 36 billion dollars. Bankruptcy trustee Irving Picard has filed as the deadline for recovery Madoff money looms this Saturday on the anniversary. Others close to Madoff continue to be
  2. Two Years After the Bernie Madoff Arrest

    Fri, 10 Dec 2010

    branch of his investment The is one of a flurry of lawsuits seeking more than 36 billion dollars. Bankruptcy trustee Irving Picard has filed as the deadline for recovery Madoff money looms this Saturday on the anniversary. Others close to Madoff

    Irving Picard found at 0:32

    a flurry of lawsuits seeking more than 36 billion dollars. Bankruptcy trustee Irving Picard has filed as the deadline for recovery Madoff money looms this Saturday on the anniversary. Others close to Madoff continue to be
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