-
Settlement Could Add To Recovery In Madoff Case
Wednesday, August 4, 2010 - 8:48am | 254Reuters tweets that a possible settlement with the estate of the late Jeffry Picower could substantially add to the recovery for the victim's of Bernie Madoff's Ponzi scheme to the tune of $2 billion. However, there are multiple lawsuits against Picower's estate that are causing a settlement to be...
-
Wife Gets $200 Million From Picower Estate
Wednesday, November 11, 2009 - 11:09am | 157Jeffry Picower was a New York financier who benefited greatly from Bernard Madoff’s Ponzi scheme. Picower died last month from drowning, which has left his widow an inheritance of around $200 million of which half is outright and the other half in trust. His daughter will get $25 million and a...