Members of Bernard Madoff's family were hit with an expanded $255.3 million lawsuit, saying they should have caught the patriarch's Ponzi scheme and must return the benefits to victims.
Irving Picard, the trustee seeking money for Madoff's victims, said family members who worked at Bernard L. Madoff Investment Securities Llc were "completely derelict" in ensuring that the investment firm's...
Already a Newsday or Optimum customer ?Log in
Get unlimited digital access $1 for 4 Weeks$0.99/Week Thereafter Subscribe
There's more to the story!
Start your FREE 4-week trial to continue reading. No credit card required.GET STARTED