Tag Archives: GAO

GAO Finds Half of Madoff Victims Net Winners

State Board Report October 2012 The Trustee in the Bernard L. Madoff case has been going through 16,000 claims from those who are seeking repayment from litigation to recover Madoff ‘s assets. After denying 66 percent of the claims, because the customers were not direct account holders of the Madoff firm as they had invested…