REUTERS: The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing money for victims of imprisoned Ponzi scheme swindler Bernard Madoff from recouping funds that were transferred overseas.
The dispute is part of Picard's 11-year search for tainted money stemming from the largest Ponzi scheme in history, which Madoff orchestrated through his New York firm, Bernard L. Madoff Investment Securities LLC. The trustee has estimated that Madoff's customers lost US$17.5 billion in the fraud.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Feline fallout: Court grants divorce to retiree whose wife became obsessed with catsSINGAPORE — A woman’s sudden obsession with cats, which attracted complaints from neighbours and ended up driving her husband out of their home, has become grounds for divorce at a family court here.
Source: TODAYonline - 🏆 1. / 99 Read more »
Maskless Bolsonaro joins protesters against congress, courtBRASILIA (BLOOMBERG) - Brazilian President Jair Bolsonaro joined supporters protesting against Congress and the Supreme Court in Brasilia on Sunday (May 31), stoking concerns of an institutional crisis in the nation that now has the world's second-highest number of coronavirus cases after the US.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Bolsonaro joins rally against Brazil's top courtBRASILIA: Brazilian President Jair Bolsonaro joined a rally on Sunday (May 31) on horseback as supporters urged the closing of the Supreme Court ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tennis: Thiem, Kyrgios to play July grass, hard-court events in BerlinDominic Thiem, Nick Kyrgios, Elina Svitolina and Kiki Bertens will compete in grass and hard-court events in Berlin in July featuring both men's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Don Don Donki outlets, Junction 8 supermarket and food court among places recently visited by Covid-19 casesheng ah im a hikikomori Some interesting 'profiling' by choice of venues! Which donkey infected donki
Source: TODAYonline - 🏆 1. / 99 Read more »
Bolsonaro joins rally against Brazil's top courtBRASILIA: Brazilian President Jair Bolsonaro joined a rally on Sunday (May 31) on horseback as supporters urged the closing of the Supreme Court ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »