Irving Picard means business. He’s the trustee in the Madoff affair. On May 1, 2009 he sued the entire Chais family for return of funds invested with Bernie Madoff: spouse, children, and grandchildren. No relation to the chaise longue. Picard, no doubt, is under...
Irving Picard means business. He’s the trustee in the Madoff affair. On May 1, 2009 he sued the entire Chais family for return of funds invested with Bernie Madoff: spouse, children, and grandchildren. No relation to the chaise longue. Picard, no doubt, is under...
PalmBeachDailyNews.com just reported a new $23 million Ponzi scheme. I’m almost surprised this one made the news. These days $23 million sounds like a rounding error. It’s .04 percent—that’s .0004—of Bernie Madoff’s $65 billion effort....
The New York Times ran a story yesterday entitled Personal Bankruptcy for Madoff More Likely. According to the article, the trustee has recovered $1 billion so far. That’s 1.54 percent of $65 billion, the gross amount of the fraud. I repeat: 1.54 percent....
The New York Times ran a story yesterday entitled Personal Bankruptcy for Madoff More Likely. According to the article, the trustee has recovered $1 billion so far. That’s 1.54 percent of $65 billion, the gross amount of the fraud. I repeat: 1.54 percent....
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.