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Irving Picard

Latest Irving Picard News

  1. Madoff Victims: The Check Is in the Mail

    Thu, 20 Sep 2012

    Bernie Madoff's multi-billion-dollar Ponzi scheme will be receiving more of their stolen money back this week. Irving Picard , the court-appointed trustee in charge of liquidating Madoff's investment firm, said checks totaling $2.5

  2. 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

  3. 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

  4. 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

  5. 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

  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. 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

  2. Expert: Don't accept Madoff's word too quickly

    Wed, 16 Feb 2011

    Madoff's statements. The bank has denied any wrongdoing and said it would vigorously challenge claims by trustee Irving Picard that it should have known Madoff's operation was a scam. Picard so far has recovered roughly $10 billion through

  3. Madoff Jailhouse Interview: More Lies, Say Lawyers in Case

    Wed, 16 Feb 2011

    incapable of telling the truth," said one lawyer of Madoff's claims that his information has helped bankruptcy trustee Irving Picard located missing money. In the interview, and in earlier e-mails with the Times reporter, Madoff continued to insist

  4. Mets Owner Wants To Lose

    Wed, 16 Feb 2011

    Wilpon told an appellate court today that the owner of the New York Mets is a loser, not a winner. Bankruptcy trustee Irving Picard , who represents victims of Bernie Madoff's mult-billion-dollar Ponzi scheme, has demanded that Wilpon return

  5. Bernie Madoff, Fred Wilpon and The Mets: A 35-Year History

    Wed, 16 Feb 2011

    League franchise. While Madoff assured a New York Times reporter that the Wilpons were blameless, bankruptcy trustee Irving Picard has asked the Mets owners for $300 million and released emails showing that there were doubts about Madoff's profits

  6. Exclusive: Bernie Madoff Says He Was a 'Basket Case' After Son's Suicide

    Wed, 16 Feb 2011

    League franchise. While Madoff assured a New York Times reporter that the Wilpons were blameless, bankruptcy trustee Irving Picard has asked the Mets owners for $300 million and released emails showing that there were doubts about Madoff's profits

  7. Madoff lawsuit: Mets owners owe victims $300M

    Fri, 4 Feb 2011

    pay the National League baseball franchise's "day-to-day operations" — according to the lawsuit filed by Irving Picard . Picard is the court-appointed trustee seeking Madoff assets to repay the fraud's thousands of victims. The

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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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