Denver Post 1 month ago

About-face on Madoff assets.

The court-appointed trustee in charge of recovering assets for investors burned by Bernard Madoff has withdrawn a $279 million claim against financier and former GMAC chairman J. Ezra Merkin's Ariel and Gabriel funds. Full Article at Denver Post

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  1. By Jane J. Kim The court-appointed trustee in charge of recovering assets for investors burned by Bernard Madoff has withdrawn a $279 million claim against financier and former GMAC Chairman J. Ezra Merkin's Ariel and Gabriel funds.In the amended... Full Article at Wall Street Journal

  2. Nov. 6 (Bloomberg) -- The liquidator for Bernard Madoff’s firm reduced by $279 million the amount of fake profit he wants returned from J. Ezra Merkin’s Ariel and Gabriel funds, which invested one-fourth of their money with the con man. Full Article at Bloomberg.com

  3. David Friehling, 49, entered the plea in U.S. District Court in Manhattan, apologizing to the thousands of victims who lost billions of dollars while he audited Madoff's financial records between 1991 and 2008. Full Article at N.J. Courier-Post Online

  4. NEW YORK The former accountant for Ponzi scheme architect Bernard Madoff's business pleaded guilty to securities fraud and eight other charges Tuesday in a cooperation deal with federal prosecutors. David Friehling, 49, admitted in a hearing before U.S. Full Article at USA Today

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  1. RNPS YEAR 2009 - Barbara Karen Dweck stands with hands painted as blood stains outside Manhattan federal court house after Bernard Madoff  pleads guilty in New York, March 12, 2009.
  2. NEW YORK - NOVEMBER 13: Computer programmer Jerome O'Hara (L) and his attorney Gordon Mehler leave the federal court building in Manhattan after making bail in connection with the Bernard Madoff ponzi scheme on November 13, 2009 in New York City.
  3. NEW YORK - NOVEMBER 13:  A boogie board is displayed during a press preview of a U.S. Marhals Service auction of personal property seized from Bernard and Ruth Madoff November 13, 2009 in New York City.
  4. Allyson Felix (C) of the U.S. leads Anneisha McLaughlin (L) of Jamaica and Cydonie Mothersille (R) of the Cayman Islands across the finish line in their women's 200 meters semi-final round heat during the world athletics championships at the Olympic stadium in Berlin, August 20, 2009.
  5. LONDON, ENGLAND - MAY 18:  Models pose for photographs in the Cayman Islands Garden during the Chelsea Flower Show at Royal Hospital Chelsea on May 18, 2009 in London, England.
  6. IN SPACE - NOVEMBER 07:  In this handout from the National Oceanic and Atmospheric Administration (NOAA), Hurricane Paloma brings heavy rains and winds to the Cayman Islands and Jamaica as it heads towards Cuba at 14:45 GMT November 7, 2008.
  7. BEIJING - AUGUST 21:  (L-R) Cydonie Mothersill of Cayman Islands, Veronica Campbell-Brown of Jamaica and Debbie Ferguson-McKenzie of Bahamas cross the line in the Women's 200m Final held at the National Stadium during Day 13 of the Beijing 2008 Olympic Games on August 21, 2008 in Beijing, China.
  8. BEIJING - AUGUST 19:  (L-R) Muna Lee of the United States and Cydonie Mothersill of Cayman Islands compete in the Women's 200m Heats held at the National Stadium on Day 11 of the Beijing 2008 Olympic Games on August 19, 2008 in Beijing, China.
  9. GEORGE TOWN, CAYMAN ISLANDS - APRIL 24:  The Cayman Islands most famous attraction, Stingray City and the nearby shallows know as the Sandbar provide the only natural oportunity to swim with Atlantic Southern Stingrays on 24 April, 2008 in Grand Cayman, Cayman Islands.

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