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Dec 12, 2018 · In court filings, Shapiro said he didn’t know about the fraud, citing his family’s $250 million investment with the firm just weeks before Madoff’s arrest. In 2010, Shapiro and his family members agreed to forfeit $625 million to settle the trustee’s suit.
Jun 2, 2010 · Carl Shapiro, 97 A Boston-based philanthropist who made a fortune in ladies fashion and allegedly as much as $1 billion from Madoff. Stanley Chais, 83 A close Madoff friend for more than 50 years.
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Participants in the Madoff investment scandal included employees of Bernard Madoff's investment firm with specific knowledge of the Ponzi scheme, a three-person accounting firm that assembled his reports, and a network of feeder funds that invested their clients' money with Madoff while collecting significant fees.
May 9, 2021 · Madoff Talks explains how “feeder funds”, ostensibly reputable hedge funds, served as conduits for money which went to BLMIS.
Jun 2, 2021 · More than 12 years after Bernard Madoff confessed to running the biggest financial fraud in Wall Street history, a team of lawyers is still at work on a sprawling effort to recover money for the thousands of victims of his scam.
Defendant Stanley Shapiro (“Shapiro”) was no unwitting investor. He knew that the IA Business was predicated on fraud and that he and his family were benefitting from fabricated trading activity reported in their investment accounts at BLMIS.
An American Jewish catastrophe. It’s been a decade since Bernie Madoff’s arrest stunned Wall Street and sent the Jewish world reeling. Investors — from retirees to small Jewish nonprofits to...
