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Posts Tagged ‘clue’

Madoff set to disclose list of holdings

Wednesday, December 31, 2008 : Permalink

Munster Times – Investigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal.

The fallen investment guru is scheduled to submit a list of his personal assets to the Securities and Exchange Commission by the end of the year, including property that could be tapped to make restitution to victims of what authorities say was a $50 billion Ponzi scheme.

In a previous court hearing, Madoff also agreed to provide the names and locations of entities, bank accounts, brokerage accounts, investments or assets held by his business, Bernard L. Madoff Investment Securities LLC.

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