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Tag: Irving Picard

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  • Madoff trustee sues leading Israeli universities, hospitals for $95 million

    December 11, 2015 | 9:14 am

    Irving Picard, the trustee appointed to liquidate the assets of convicted Ponzi schemer Bernard Madoff and return money to his victims, has filed a $95 million lawsuit against some of Israel’s largest educational and medical institutions.

    Among the defendants in the suit filed...

  • Madoff victims receive new payout totaling $355.8 million

    February 10, 2015 | 10:16 am

    Victims of Bernard Madoff’s Ponzi scheme will receive another $355.8 million, bringing the total recovered to over $10.5 billion, with more than $7.2 billion paid out.

    On Monday, trustee Irving Picard said the payout which began last week, the fifth such payout, means that...

  • Mets’ owners slapped with Madoff ‘clawback’ lawsuit

    January 31, 2011 | 10:28 am

    The trustee for the Bernard Madoff estate has sued the owners of the New York Mets, claiming they should have known the money made with Madoff was done so nefariously. 

    Irving Picard, the trustee charged with recovering billions of dollars in assets stolen in Madoff’s Ponzi...

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