US trustee says recovery in Madoff Ponzi scheme making progress; expects $10B pot to grow
US trustee says recovery in Madoff Ponzi scheme making progress; expects $10B pot to grow
NEW YORK, N.Y. – The New York court-appointed trustee says he expects the pot of funds recovered from Bernard Madoff’s epic fraud to grow. In a conference call Tuesday, trustee Irving Picard said he has secured $10 billion for burned investors so far. And he told reporters they’re not done.
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