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List of investors in Bernard L. Madoff Investment Securities

Investors in Bernard L. Madoff Investment Securities LLC lost billions of dollars in the Madoff investment scandal, a Ponzi scheme fraud conducted by Bernard Madoff. The amount missing from client accounts, over two thirds of which were fabricated gains, was almost $65 billion.[1] The court-appointed trustee Irving Picard estimated actual losses to investors at $18 billion, and much of that money has been returned.[2]

The 162-page list of clients (without investment amount), filed in United States bankruptcy court in Manhattan, was made public on February 4, 2009.[3][4][5] Some of the clients profited.[6] Thousands of individual investors of Fairfield Greenwich, J. Ezra Merkin's Ascot Partners, and Chais Investments are not included.[7]

Several newspapers and news services, including Bloomberg News, The New York Times (NYT), and The Wall Street Journal (WSJ), compiled lists of these investors during the first few months of the scandal, including fabricated gains in the amounts lost. These lists may include double-counting; for example, they may count investments by feeder funds into Madoff Securities, as well as investments made into the feeder funds.

References

  1. ^ Bray, Chad (March 12, 2009). "Madoff Pleads Guilty to Massive Fraud". The Wall Street Journal. Dow Jones, Inc. Retrieved March 12, 2009.
  2. ^ Safer, Morley (September 27, 2009). "The Madoff Scam: Meet The Liquidator". 60 Minutes. CBS News. pp. 1–4. Retrieved September 28, 2009.
  3. ^ Affidavit of Mailing, SIPC v. Bernard L. Madoff Investment Securities LLC, No. 08-01789 (Bankr. S.D.N.Y. Feb. 4, 2009).
  4. ^ "Madoff Client List" (PDF). The Wall Street Journal. Retrieved March 1, 2013.
  5. ^ Searcey, Dionne; Efrati, Amir (February 6, 2009). "Madoff Clients Exposed". The Wall Street Journal.
  6. ^ "Madoff Client List" (PDF). The Wall Street Journal.
  7. ^ Chew, Robert (February 5, 2009). "The Bernie Madoff Client List Is Made Public". Time. Archived from the original on February 7, 2009. Retrieved May 8, 2010.
  8. ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af "Madoff's Victim List". The Wall Street Journal. March 6, 2009. Retrieved March 1, 2013.
  9. ^ Wakin, Daniel J. (May 21, 2009). "Madoff Loss Hits Art Aid for Young in Israel". The New York Times.
  10. ^ Heath, Chris (May 1, 2009). "The Enduring Larry King". GQ. Retrieved February 2, 2021.
  11. ^ Pressler, Jessica (December 30, 2008). "Madoff's Latest Victims: Kevin Bacon and Kyra Sedgwick". New York.
  12. ^ "Hall of Famer Sandy Koufax among those swindled by Bernie Madoff". ESPN. Associated Press. February 4, 2009.
  13. ^ The New York Times: "In a Romney Believer, Private Equity’s Risks and Rewards" by JULIE CRESWELL January 21, 2012
  14. ^ "Dean Emeritus Lawrence Velvel". Massachusetts School of Law. Retrieved February 4, 2016.
  15. ^ Efrati, Amir (March 24, 2009). "Couple's Dreams of Immortality at Death's Door, Thanks to Madoff: Artists Who Design Homes to Prolong Life Lost Their Life Savings; Undulating Floors". Retrieved March 21, 2017.

External links