Madoff gives up investment business, artwork - Spear's Magazine

Madoff gives up investment business, artwork

NEW YORK — Bernard Madoff has agreed to give up the rights to his investment business and his company’s prized artwork and entertainment tickets, as an official for an organization providing relief to investors said Tuesday that some checks may be in the mail this month.

From the Wall Street Journal:

NEW YORK — Bernard Madoff has agreed to give up the rights to his investment business and his company’s prized artwork and entertainment tickets, as an official for an organization providing relief to investors said Tuesday that some checks may be in the mail this month.

The trustee overseeing the liquidation of Mr. Madoff’s business said the former money manager was surrendering ownership rights to his business, Bernard L. Madoff Investment Securities LLC, along with the company’s artwork and entertainment tickets.

To read the full article, visit wsj.com
 



 

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