Bernard's wife and two sons were not charged with crimes. But Irving Picard, the court-appointed trustee in the Madoff asset recovery, sued Ruth for than $40 million. Lawsuits against the Madoff family total about $200 million.
Bernard Madoff was constantly under pressure to find new victims for his scheme, which fell apart in tandem with the recession, as the growing demand for remittances outweighed the amount of fresh money coming in.

Comments
The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms.