U.S. Supreme Court rebuffs investors' bid to block Madoff trustee lawsuits

June 1, 2020 by  
Filed under News

The U.S. Supreme Court on Monday refused to hear a bid by major banks and companies including Koch Industries Inc to prevent a trustee chasing money for victims of imprisoned Ponzi scheme swindler Bernard Madoff from recouping funds that were transferred overseas.

Source: Reuters Business News

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