January 05, 2012
Investors in funds that helped feed Bernard Madoff's massive Ponzi scheme are not entitled to money earmarked for the imprisoned fraudster's victims, a New York federal judge ruled Thursday, affirming a bankruptcy judge's decision.
October 17, 2011
Investors in 16 funds that funneled money into Bernard L. Madoff's massive Ponzi scheme asked a New York federal court on Friday to reverse a bankruptcy court's ruling that found them ineligible to receive money recovered for the imprisoned fraudster's victims.