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Saturday, November 21, 2009 6:23 AM

Published 07/29/2009 by The Huffington Post | Full News Feed


Ruth Madoff Sued For $44.8 Million 'Clawback' By Trustee

NEW YORK — The trustee overseeing the liquidation of Bernard Madoff's assets sued the disgraced money manager's wife on Wednesday, asking for nearly $45 million that he says was spent on a "life of splendor."

Trustee Irving H. Picard spelled out his claims in a...

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What others report on the same story

Madoff trustee sues Ruth Madoff for $45 million - [07/29/2009 - Reuters: Business News]
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...the lawsuit. "At the same time, after a thorough and comprehensive investigation, the U S Attorney's office determined that Ruth Madoff was entitled to keep property of $2.5 million because that property could not be linked to the fraud" Chavkin said...

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Court Tells Ruth Madoff to Report Monthly Expenses [DealBook - 08/04/2009]
Bernard L. Madoff's wife, Ruth, must tell a trustee any time she spends $100 on herself, a bankruptcy judge has ruled. ...
Ruth Madoff's Financial Life Comes Full Circle ... [Gawker - 08/04/2009]
The trustee for Bernie Madoff's victims filed a $45 million suit against Ruth Madoff last week. He hasn't succeeded in getting any money yet, but he has succeeded ...
Trustee Sues Ruth Madoff for $44.8 Million [DealBook - 07/29/2009]
The trustee gathering assets for victims of Bernard L. Madoff's massive Ponzi scheme filed suit against Ruth Madoff on Wednesday seeking the return of $44.8 million ...
Picard attacks Ruth Madoff's 'life of splendor' [The Deal.com - 08/03/2009]
The Madoff trustee Irving Picard is seeking the return of almost $45 million from Ruth Madoff of potentially ill-gotten gains from her husband's Ponzi scheme. ...
Victims Would Like All of Ruth Madoff's Money, ... [Gawker - 07/30/2009]
Ruth Madoff gave up everything in exchange for a new lease on life and $2.5 million. Now a representative of her husband's victims would like that $2.5 million back. ...
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Audio/Video

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Why is America losing millionaires? [Slate Magazine - 07/24/2009]
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