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Irving Picard

Bernie Madoff arriving at Manhattan federal court, March 12, 2009. (Stephen Chernin/Getty Images via JTA)
February 25, 2019, 11:42 pm
$464 million more paid out to victims of Bernie Madoff Ponzi scheme
Total distributions in the case now amount to $12 billion; latest payout goes to 880 former clients of New York investor
By Marcy Oster
Bernard Madoff leaves Federal Court Wednesday, Jan. 14, 2009 in New York. (AP/Frank Franklin II)
December 21, 2018, 6:12 am
10 years after Madoff ripped off the Jewish world, a sort of happy ending
Deep scars remain in the US Jewish community because of the Ponzi scheme, with some left financially ruined or worse, but many groups have managed to find their feet again
By Ben Sales
Bernie Madoff arrives at Manhattan federal court on March 12, 2009. (Stephen Chernin/Getty Images via JTA)
December 20, 2017, 7:49 pm
Madoff’s trustee recovers three-quarters of $17.5b he swindled
$584 million to be paid out after New Year’s, with trustee Irving Picard saying he expects to find much more
By JTA
Bernie Madoff arriving at Manhattan federal court, March 12, 2009. (Stephen Chernin/Getty Images via JTA)
June 27, 2017, 10:59 pm
$23 million recovered from estates of Bernard Madoff’s late sons
Agreement will strip beneficiaries of ‘all assets, cash, and other proceeds’ related to the largest Ponzi scheme in US history
By JTA
Former financier Bernard Madoff exits Federal Court in Manhattan, New York on March 10, 2009. (AP Photo/David Karp)
December 10, 2015, 4:50 am
Madoff trustee sues Israeli universities, hospitals for $95m
‘Unjust enrichment’ suit filed in Tel Aviv demands return of funds; universities say money was already spent on research
By JTA
Bernie Madoff, who was convicted of a running a massive Ponzi scheme. (YouTube/ABC News)
June 22, 2015, 8:18 pm
Court won’t hear appeal on recovery of billions for Madoff victims
Decision leaves trustee unable to seize money from some of those who profited from massive Ponzi scheme
By AP
Former financier Bernard Madoff exits Federal Court in Manhattan, New York on March 10, 2009. (AP Photo/David Karp)
February 10, 2015, 11:07 pm
Madoff victims receive new $355.8 million payout
Latest reimbursement brings total money recovered from infamous ponzi scheme to $10.5 billion
By JTA
Former financier Bernard Madoff exits Federal Court in Manhattan, New York on March 10, 2009. (AP Photo/David Karp)
December 10, 2012, 10:41 pm
4 years in, Madoff trustee still pursuing assets
$9.3 billion of an estimated $17.5 billion invested in Ponzi scheme recovered so far
September 21, 2012, 2:49 am
$2.5 billion distributed to Madoff victims
Nearly half of all valid claims made by disgraced financier’s burned clients have now been settled
March 19, 2012, 9:58 pm
Mets’ owners settle lawsuit in Madoff Ponzi scheme
The money will go into a fund to help Madoff victims
Sandy Koufax circa 1965, the year he decided to not pitch Game 1 of the 1965 World Series because it fell on Yom Kippur. (photo credit: Public Domain)
March 14, 2012, 7:32 pm
Sandy Koufax on Madoff-Mets NY trial witness list
Koufax and Mets chief executive Fred Wilpon played high school baseball together in Brooklyn. Koufax opened an account with Madoff only after Wilpon recommended it, potentially refuting charges of ‘willful blindness’
By Larry Neumeister
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