{"id":16982,"date":"2010-07-30T06:44:50","date_gmt":"2010-07-30T10:44:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=16982"},"modified":"2010-07-30T06:44:50","modified_gmt":"2010-07-30T10:44:50","slug":"madoff-trustee-sues-family-members-companies-to-get-funds-for-investors","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2010\/madoff-trustee-sues-family-members-companies-to-get-funds-for-investors.html","title":{"rendered":"Madoff Trustee Sues Family Members&#8217; Companies to Get Funds for Investors"},"content":{"rendered":"<p>Bloomberg &#8211; Companies owned by members of Bernard Madoff\u2019s family should pay tens of  millions of dollars to help victim\u2019s of his Ponzi scheme, the trustee recovering funds for investors said in three lawsuits.<\/p>\n<p>Madoff\u2019s family members used the money to fund their personal business ventures, said trustee Irving H. Picard in the complaints filed yesterday in U.S. Bankruptcy Court in New York. The companies include a hedge fund, a biotechnology company, energy companies, and Primex Holdings LLC, a company designed to replicate an auction process, according to the filings.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2010-07-30\/madoff-trustee-sues-family-members-companies-to-get-funds-for-investors.html\" target=\"_blank\"><strong>Read Complete Article<br \/>\n<\/strong><\/a><\/p>\n<p>?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Companies owned by members of Bernard Madoff\u2019s family should pay tens of millions of dollars to help victim\u2019s of his Ponzi scheme, the trustee recovering funds for investors said in three lawsuits. Madoff\u2019s family members used the money [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16982","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=16982"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16982\/revisions"}],"predecessor-version":[{"id":16983,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/16982\/revisions\/16983"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=16982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=16982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=16982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}