NEW YORK (AP) - Hall of Fame pitcher Sandy Koufax. Actor Kevin Bacon. World Trade Center developer Larry Silverstein. All three, at least one thing in common: their names appear in the list of several thousand customers who lost money investing with Bernard Madoff. This list was made public in a court filing in U.S. Bankruptcy Court in Manhattan.
The list came late Wednesday, shortly after a whistleblower in the case, Harry Markopolos, told lawmakers at the House hearing that he found that the additional funds have been brought to the Madoff Investment in Europe - and that the leaders of these "feeder" funds can ignore the signs massive fraud scheme.
He plans to present its findings to the Securities and Exchange Commission on Thursday, the inspector general. If proved, they would justify the approval of many analysts that the alleged fraud was too great for Madoff spent alone.
House lawmakers on Wednesday also sparred with SEC officials, accusing them of impeding their probe, as the agency was unable to identify the alleged fraud.
Prosecutors say Madoff admits he lost more than $ 50 billion of investors. Defense lawyers say that he cooperated with authorities to help identify the assets.
Client list of names, including relatives Madoff, numerous celebrities, dead people and charities that are listed in the 162-page document. Each page has 84 single-spaced lines. Some clients are listed multiple times, perhaps because they have multiple accounts.
Clients known to people and institutions that have already been publicly revealed, for example, Wilpon family, owner of New York Mets.
There have also been listed for more than two dozen bills related to the Mets and companies associated with their owners, many were listed with addresses at Shea Stadium.
The amount of each person or institution invested with Madoff is not listed.
One client Ira Sorkin, a lawyer who defends Madoff against charges he committed the biggest financial frauds in history. Others include Madoff wife, son, brother and other relatives.
This list was compiled AlixPartners LLP, Dallas company hired, as the agent for the trustee control over the liquidation of Bernard L. Madoff Investment Securities LLC.
Madoff has not been charged. He is being held under house arrest in his multimillion-dollar penthouses.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment