Posted inBusiness

Madoff Feeder Fund Settles; Victims’ Recovery Tops $10.6 Million

Jonathan Stempel, REUTERS   NEW YORK (Reuters)โ€”The trustee recovering money for Bernard Madoffโ€™s victims on Monday announced a settlement to recoup $93 million from a โ€œfeeder fundโ€ that sent client money to the swindlerโ€™s firm, boosting the total sum raised to roughly $10.65 billion. Irving Picard, the trustee, said the settlement calls for the Defender […]

Sign up for newsletters

Get the best of The Washington Informer directly in your email inbox.

Sending to:

Gift this article