Madoff Lawyer Is Listed as One of His Clients
The lawyer representing Bernard Madoff had invested money with him before the hedge fund manager was arrested on charges he ran a $50 billion Ponzi scheme, according to a list of possible victims filed in federal bankruptcy court.
Other investors included pitching great Sandy Koufax and Fred Wilpon, owner of the New York Mets, the Associated Press reports. More than two dozen accounts on the list involved the Mets, their owners and companies affiliated with them, the story says. Wilpon’s son, Jeff, told the wire service that individuals lost money with Madoff but the team is not affected.
The list also includes several accounts held by Madoff’s outside auditors, Jerome Horowitz and David Friehling, and several Madoff family members, the Wall Street Journal reports (sub. req.)
Lawyer Ira Lee Sorkin previously denied investing money with Madoff, according to the Wall Street Journal account.