The trial of five former employees of jailed con man Bernard Madoff, including his longtime personal secretary and two computer programmers, will become a full-time job for about five months for jurors.
New York Attorney General Andrew Cuomo asked a judge to rule without trial that Ezra Merkin and his Gabriel Capital Corp. engaged in fraud by secretly placing client funds with swindler Bernard Madoff .
The liquidator of Bernard Madoff’s estate seeks to stop New York Attorney General Eric Schneiderman from completing a $410 million settlement with a former Madoff investor that the trustee said might leave little for customers of the convicted Ponzi scheme mastermind.
New York Attorney General Eric Schneiderman will ask a district judge to decide whether the Bernard Madoff brokerage trustee can overturn a $410 million settlement with a former Ponzi scheme investor, the trustee said.
New York financier J. Ezra Merkin and his Gabriel Capital Corp. asked a federal judge to dismiss a class-action lawsuit seeking to hold him and his hedge funds responsible for losses related to Bernard Madoff ’s fraud.