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Saturday, November 21, 2009 11:34 AM

Published 10/26/2009 by Financial Post

Madoff's kin sued for US$198M

A court-appointed trustee sued the brother, sons and a niece of imprisoned fraudster Bernard Madoff yesterday for US$198-million, accusing them of milking the family-run business while they were executives of the firm. 'The family members were completely derelict in...

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What others report on the same story

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Madoff friend found dead in Florida pool

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Who Was Jeffry Picower?

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Pool swim ends in death for Madoff pal - [10/26/2009 - The Standard]

Autopsy Finds Madoff Investor Drowned in Pool - [10/26/2009 - New York Times]

Lawyer: Death twists Madoff case - [10/27/2009 - CHINAdaily]

Madoff associate, who made US$7bil, died of hea... - [10/27/2009 - thestar.com.my]

Madoff investor died after heart attack - [10/27/2009 - CNN Money]

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Quotes

...of the firm. "The family members were completely derelict in duties and responsibilities. As a result, they either failed to detect or failed to stop the fraud, thereby enabling and facilitating the Ponzi scheme" trustee Irving Picard...

Madoff's kin sued for US$198M [Financial Post - 10/26/2009]

...in New York. "Simply put, if the family members had been doing their jobs honestly and faithfully the Madoff PonziPonzi scheme might never have succeeded, or continued for so long." He alleged that a total...

Madoff's kin sued for US$198M [Financial Post - 10/26/2009]

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Blogs

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Bernie Madoff [Thought Experiments : The Blog - 10/30/2009] I've been reading about Bernie Madoff. This has made me wonder why people who have a lot of money always seem to want more. I want more money. I think £10 million ...
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Audio/Video

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Madoff friend Picower dies [Reuters Video: Top News - 10/26/2009]
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Clone scientist convicted of fraud [Reuters Video: Top News - 10/26/2009]
Widespread Workers Comp Fraud [ABC News - YouTube - 11/02/2009]

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Madoff's kin sued for US$198M