Investors looking to recoup some of the $50 billion they lost in Bernard Madoff’s alleged Ponzi scheme may get a better idea what the New York financial adviser has left when he is forced to reveal his assets to regulators.
Madoff, 70, must provide a detailed list of all investments, loans, lines of credit, business interests, brokerage accounts and other holdings to the Securities and Exchange Commission by New Year’s Eve, a federal judge ruled. Madoff’s foreign business units were given until Jan. 26 to provide a similar accounting. [Read More]
The judge gave him until New Year’s eve to report all assets to the S.E.C. This list should be a real eye opener. Victims will learn more of the awful truth surrounding their investments with Madoff.
On another note, there seems to be a ton of gossip surrounding Walter Noel, his girls, and Fairfield Greenwich.
BEAUTIES HIT WITH MADOFF MUD (New York Post)
Hunting Monica & Walter Noel (Cityfile)
Aim for Answers