Madoff scandal By Joanna Chung and Brooke Masters in New York
Published: July 29 2009 22:23 | Last updated: July 29 2009 23:30
Ruth Madoff was sued for $44.8m on Wednesday and accused of living a “life of splendour” by the trustee seeking to recover money for the victims of her husband, the disgraced former broker Bernard Madoff.
The action by Irving Picard, the court-appointed trustee, is the first taken against one of Mr Madoff’s family members, all of whom have said they knew nothing of his “Ponzi” scheme.
The trustee seeking to recover money for Bernard Madoff's victims turned his sights to the convicted broker's wife, Ruth (above), filing a suit to recoup almost $45m that he claims she used to live a 'life of splendour' for decades
You have viewed your allowance of free articles. If you wish to view more, click the button below.
