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Madoff Trustee Ratchets Up Claim Against Feeder Fund

Law360, New York (October 09, 2009) -- The court-appointed trustee overseeing the liquidation of Bernard L. Madoff Investment Securities LLC has upped the amount of allegedly fake profit he wants returned from Madoff-linked Cohmad Securities Corp. from $213 million to $245 million.

Irving H. Picard, who has been tasked with handling the dismantling of Madoff's now-infamous investment fund, filed an amended complaint against Cohmad and its principals with the U.S. Bankruptcy Court...

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