by admin | Apr 13, 2018 | Scam of the day
In the nine and a half years since Ponzi scammer Bernie Madoff was exposed as having swindled unsuspecting investors out of approximately 17 billion dollars, Irving Picard, the court appointed trustee charged with recapturing funds from people who profited from...
by admin | Nov 1, 2016 | Scam of the day, Site Related
In the eight years since Ponzi scammer Bernie Madoff was exposed as having swindled unsuspecting investors out of approximately 17 billion dollars, Irving Picard, the court appointed trustee charged with recapturing funds from people who profited from Madoff’s...
by admin | Oct 29, 2015 | Scam of the day, Site Related
When Bernie Madoff’s Ponzi scheme unraveled in December of 2008 it was estimated that his investors which included charities as well as individual investors lost about 20 billion dollars. Irving Picard, the trustee appointed by the Bankruptcy Court to try to...
by admin | Jun 29, 2015 | Scam of the day, Site Related
Irving Picard, the trustee appointed by the Securities Investor Protection Corporation (SIPC) to protect the interests of the victims of the Bernie Madoff Ponzi scheme has announced a settlement with Plaza Investments International by which Plaza will pay 140 million...
by Steven Weisman, Esq. | May 16, 2014 | Scam of the day, Site Related
Richard Breeden, the special master administering the claims of the victims of convicted Ponzi schemer Bernie Madoff who stole 50 billion dollars from his victims has recently indicated that the number of claimants has risen to 51,700 seeking redress from the 4...