Irving Picard Submits Bill for $25 million
Court-appointed trustee, Irving Picard, is responsible for recovering money for Bernie Madoff’s victims, and today he and his lawyers submitted a bill for almost $25 million to a federal bankruptcy court.
While perhaps not the most universally loved man at this time, Irving Picard is the court-appointed trustee responsible for recovering money for Bernie Madoff’s victims, today he made it clear that he takes his job seriously.
Picard, his lawyers, and a few other firms who are helping to make sense of Madoff’s estate have just submitted an impressive bill amounting to nearly $25 million to a federal bankruptcy court.
With this new sum, the current amount that has been spent sorting through Madoff’s Ponzi scheme tallies in at $40 million. It’s likely that price tag will increase if Picard continues to do his job at this pace.
Via: New York Magazine
Related Articles
Wynn Las Vegas Unveils Museum-Caliber Art Collaboration at Zero Bond
Wynn Las Vegas launches a major fine art exhibition at Zero Bond, curated by Heather James with masterpieces across centuries.
Natalie Portman Joins Tiffany & Co. as Global House Ambassador
Natalie Portman becomes Tiffany & Co.’s newest global House ambassador, starring in a campaign photographed at The Landmark on Fifth Avenue.
Hollywood’s Biggest Nights: Inside the Most Exclusive Parties of Oscar Weekend 2026
From the CHANEL Pre-Oscar Dinner to MPTF’s Night Before a, these were the most star-studded parties of Oscars Week 2026.
The Demon Within: Alex de Minaur’s Relentless Rise in the World of Tennis
Nicknamed “The Demon,” Alex de Minaur has built a reputation as one of tennis’ most relentless competitors. In this exclusive cover story, the Australian star opens up about discipline, drive, and life on the global tour.
Barlume Beach Is Set to Redefine Montauk’s Summer Lifestyle With Mediterranean Luxury and Cultural Energy
Barlume Beach in Montauk blends luxury hospitality, Mediterranean dining, music, and culture into a new East End lifestyle destination.
How The Revolutionary Sips Esencia Is Changing the Way the World Drinks
How Simone Caporale and Marc Álvarez’s revolutionary Sips Esencia in Barcelona is redefining global cocktail culture.
Latest Stories
Trending Articles
Related Articles
Wynn Las Vegas Unveils Museum-Caliber Art Collaboration at Zero Bond
Wynn Las Vegas launches a major fine art exhibition at Zero Bond, curated by Heather James with masterpieces across centuries.
Natalie Portman Joins Tiffany & Co. as Global House Ambassador
Natalie Portman becomes Tiffany & Co.’s newest global House ambassador, starring in a campaign photographed at The Landmark on Fifth Avenue.
Hollywood’s Biggest Nights: Inside the Most Exclusive Parties of Oscar Weekend 2026
From the CHANEL Pre-Oscar Dinner to MPTF’s Night Before a, these were the most star-studded parties of Oscars Week 2026.
The Demon Within: Alex de Minaur’s Relentless Rise in the World of Tennis
Nicknamed “The Demon,” Alex de Minaur has built a reputation as one of tennis’ most relentless competitors. In this exclusive cover story, the Australian star opens up about discipline, drive, and life on the global tour.
Barlume Beach Is Set to Redefine Montauk’s Summer Lifestyle With Mediterranean Luxury and Cultural Energy
Barlume Beach in Montauk blends luxury hospitality, Mediterranean dining, music, and culture into a new East End lifestyle destination.
How The Revolutionary Sips Esencia Is Changing the Way the World Drinks
How Simone Caporale and Marc Álvarez’s revolutionary Sips Esencia in Barcelona is redefining global cocktail culture.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events