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Browse: Home / 2014 / November / 18 / Madoff Trustee Strikes $497 Million Settlement With Investors – WSJ

Madoff Trustee Strikes $497 Million Settlement With Investors – WSJ

By Securities Docket on November 18, 2014, 8:48 am

Irving Picard , the court-appointed official tracking down funds stolen in the largest Ponzi scheme ever, on Monday announced that two investment funds—Herald Fund SPC and Primeo Fund—have agreed to return $497 million they received by investing with Mr. Madoff.

via Madoff Trustee Strikes $497 Million Settlement With Investors – WSJ

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Posted in Criminal, SEC, Top | Tagged Madoff, Trustees

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