Madoff Trustee Inks $98M Deal With Feeder Fund
The suit, launched by trustee Irving H. Picard as an adversary proceeding in Madoff’s bankruptcy, was filed against MARF and its subsidiaries in 2010 in an effort to recover allegedly fraudulent transfers it obtained through Madoff’s massive Ponzi scheme.
Darien, Conn.-based MARF’s only purpose was to invest...
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