NEW YORK: The trustee seeking money for victims of Bernard Madoff's Ponzi scheme, who lost an estimated US$20bil, may pursue claims against wives of the imprisoned swindler's sons, a US federal court judge said.
US Bankruptcy Judge Burton Lifland in Manhattan said that the trustee Irving Picard may pursue about US$43mil of claims against Deborah Madoff, who married Andrew Madoff, and US$33mil of claims against Stephanie Mack, the widow of Mark Madoff.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!