Madoff Trustee Says Mets Owners Deliberately Ignored Fraud

Law360, New York (February 10, 2012, 3:30 PM EST) -- The liquidation trustee for Bernard Madoff's firm told a judge on Thursday that his $386 million clawback lawsuit against the owners of the New York Mets should go forward because a jury would be right to find that the men had been purposely blind to Madoff's fraud.

Trustee Irving Picard told U.S. District Judge Jed Rakoff of New York federal court that Mets owners Fred Wilpon and Saul Katz were not entitled to summary judgment in their favor because they had ignored numerous red flags through...
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