LOS ANGELES - A federal judge has granted the Securities and Exchange Commission’s request to continue freezing the assets of a California financier charged in a fraud case involving hundreds of millions of dollars. (Boston Globe, 7/3/09)
LONDON - British authorities have started an investigation into millions of dollars of payments from the operations of the convicted money manager Bernard L. Madoff to companies linked to the Austrian banker Sonja Kohn, an Austrian official confirmed yesterday. (Boston Globe, 7/3/09)
NEW YORK - Federal marshals seized disgraced financier Bernard Madoff’s $7 million Manhattan penthouse yesterday and forced his wife to move out and leave her possessions behind, including a fur coat she asked to take with her, an official told the Associated Press. (Boston Globe, 7/3/09)
NEW YORK - The Securities Investor Protection Corp., the government-chartered agency liquidating Bernard Madoff’s defunct business, said it committed $231 million from its reserves to pay 543 claims by the con man’s victims. (Boston Globe, 7/2/09)