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Thursday 14 May 2009 8:00 pm

MADOFF FUNDS TO BE RETRIEVED

By: admindrupal

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The trustee given charge of recovering assets from Bernie Madoff’s fraudulent investment scheme said yesterday he expects to reach financial settlements over the coming weeks with a handful of investors who reaped profits from the plan. Irving Picard, the court-appointed trustee, said last night he expected “significant settlements”.

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