Mets partnership denied Madoff victim compensation
Quick ReadBecause they withdrew more money than they invested, Mets Limited Partnership will be ineligible to receive compensation.
A partnership connected to Sterling Equities, the owner of the New York Mets, took out over $45 million more than it invested in Bernard Madoff's scheme, making it ineligible for any compensation, a bankruptcy trustee disclosed Friday.
In papers filed in Manhattan bankruptcy court, trustee Irving Picard listed the Mets Limited Partnership as having two accounts with Madoff by the time his...
