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” “Simply from an administrative perspective, the act of putting together the various account statements, which did show trading activity, has to involve a number of people. You would need office and support personnel, people who actually knew what the market prices were for the securities that were being traded. Instructions to staff was that they communicate with Madoff Securities through personal e-mail accounts, not through company e-mail. He did work for the London office when it was first opened. His Madoff-related clients included Carl and Ruth Shapiro, Boston philanthropists whose foundation lost 5 million, and whose son-in-law, Robert M.
The money is not protected from civil legal actions pursued by a court-appointed trustee liquidating Madoff's assets or by investor lawsuits.
Peter Madoff sometimes signed many weeks of compliance reports in one sitting, intentionally changing pens and ink colors to make it appear he had signed them at various times, according to prosecutors.
A forfeiture order requires Peter to surrender all of his assets to the government, including cash, homes, cars and a Rolex watch.
Anthony Barkow, a former federal prosecutor in New York City who is currently a partner at Jenner & Block LLP was quoted as saying “Bernie Madoff claiming that he acted alone was ridiculous. Prosecutors are continuing to probe Madoff family members and employees. Konigsberg held Madoff accounts under his name including two in the name of the Westlake Foundation. and Judith Konigsberg are officers and directors of the foundation. District Court Judge Laura Taylor Swain agreed with prosecutors that Konigsberg did not know about Madoff's scheme and had cooperated fully with investigators.
His surrender was clearly a strategy to try to insulate his family and co- conspirators and made it more difficult for the government to make the case, so it’s taken time but they’ve shown that they’re clearly working on it.” Stanley Chais, a philanthropist who invested heavily with Mr. Shapiro, one of the money manager's oldest friends, are among at least eight Madoff investors and associates being scrutinized by the U. Others include: Frank Avellino, a Florida accountant who ran an investment fund that invested client money; Noel Levine, a real-estate investor who works out of a two-room office on the 17th floor, next door to Madoff's fraudulent investment operation, and Palm Beach investor Robert Jaffe, a son-in-law of Mr. are seeking evidence of money laundering involving the London business, Madoff Securities International Ltd., which opened in 1983 as a separate legal entity from Mr. He owns homes in his wife, Judith's name in Greenwich, Connecticut and Palm Beach Gardens, Florida. Swain ruled that Konigsberg had earned lenience from federal sentencing guidelines and did not have to serve any time in prison. task force that Konigsberg and Levy, a real-estate mogul and philanthropist are believed to be involved in an international transfer of money.Levy had offices one floor below Madoff's in New York’s Lipstick Building.