{"id":43092,"date":"2014-07-16T08:07:05","date_gmt":"2014-07-16T12:07:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=43092"},"modified":"2014-07-16T08:07:05","modified_gmt":"2014-07-16T12:07:05","slug":"madoff-sons-took-millions-for-real-estate-trustee-alleges","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2014\/madoff-sons-took-millions-for-real-estate-trustee-alleges.html","title":{"rendered":"Madoff sons took millions for real estate, trustee alleges"},"content":{"rendered":"<p>Reuters &#8211; Bernard Madoff&#8217;s sons created accounts out of thin air and engineered sham loans to buy pricey Manhattan real estate as they diverted tens of millions of dollars of money from their father&#8217;s firm, a court-appointed trustee said on Tuesday [July 15].<\/p>\n<p>In an amended lawsuit against Andrew Madoff and the estate of Mark Madoff, Irving Picard, who is liquidating Bernard L. Madoff Investment Securities LLC, said the brothers&#8217; activity reflected their &#8220;sense of entitlement&#8221; to undeserved riches.<\/p>\n<p><a href=\"http:\/\/www.hedgeworld.com\/open_news\/read_newsletter_aa.cgi?section=dail&amp;story=dail23662.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Bernard Madoff&#8217;s sons created accounts out of thin air and engineered sham loans to buy pricey Manhattan real estate as they diverted tens of millions of dollars of money from their father&#8217;s firm, a court-appointed trustee said on [&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-43092","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43092","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=43092"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43092\/revisions"}],"predecessor-version":[{"id":43093,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/43092\/revisions\/43093"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=43092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=43092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=43092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}