The court-appointed trustee charged with recovering assets stolen by Ponzi schemer Bernard Madoff is ready to distribute $2.6 billion worth of recovered funds to the victims. This will be the first time that Madoff’s victims will receive recovered funds. Get the full story »
Inside these posts: Madoff Ponzi scheme
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Madoff trustee: JPMorgan warned of scheme
Top executives at JPMorgan Chase & Co. got blunt warnings about speculation that Bernard Madoff was running a Ponzi scheme but appear to have been concerned only with protecting the bank’s investments, the trustee seeking to recoup $6.4 billion for Madoff investors said. Get the full story »
