Wives Of Madoff Sons To Face Suit Over $115M Payouts

Law360, New York (April 5, 2012, 2:50 PM EDT) -- A New York bankruptcy judge on Wednesday said the trustee recovering for victims of convicted Ponzi schemer Bernard L. Madoff could proceed with unjust enrichment claims against the wives of Madoff’s sons, who allegedly received $115 million from Madoff’s investment firm.

New York Bankruptcy Judge Burton R. Lifland said trustee Irving Picard could add Stephanie Mack, the widow of Mark Madoff — who committed suicide in 2010 — and Deborah Madoff, the soon-to-be-ex-wife of Andrew Madoff, as defendants in his suit against other Madoff family members....
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