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Browse: Home / 2008 / December / 13 / Court Freezes Madoff’s Assets, Appoints Receiver

Court Freezes Madoff’s Assets, Appoints Receiver

By Securities Docket on December 13, 2008, 12:19 am

U.S. District Judge Louis Stanton of the SDNY froze the assets of New York investment adviser Bernard  Madoff and his firm on Friday, and appointed a receiver. The SEC stated Friday evening that Judge Stanton appointed Lee Richards, a lawyer at the New York-based firm Richards Kibbe & Orbe, as receiver for Madoff’s assets.

Read the SEC’s announcement

Posted in SEC | Tagged Financial Fraud, Madoff

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