Madoff family 'used business like piggy bank'

Fraudster Bernard Madoff’s brother, sons and a niece used the family finance business like a “piggy bank”, a court-appointed trustee said.

Madoff family 'used business like piggy bank'

Fraudster Bernard Madoff’s brother, sons and a niece used the family finance business like a “piggy bank”, a court-appointed trustee said.

Irving Picard’s comments came as he demanded in a lawsuit that they return almost $200m (€1.4m) that fuelled their lavish lifestyle at the expense of investors.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited