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Connecticut Bank Sued in Madoff Investment Scheme

Jul. 8, 2009
The holders of more than two dozen retirement accounts seek to recover $60 million from the Westport National Bank.
Related Stories from UPI.com

Trustee in hunt for Madoff money

NEW YORK, April 29 (UPI) -- The trustee in charge of the remains of admitted swindler Bernard Madoff's financial empire has located almost $7 million in a New York bank.

Ruth Madoff to contest home seizures

NEW YORK, April 8 (UPI) -- An attorney for Ruth Madoff, wife of disgraced investor Bernard Madoff, says his client will fight the government's seizure of $62 million and two homes.
Connecticut city stops Madoff sell-off

Connecticut city stops Madoff sell-off

FAIRFIELD, Conn., March 31 (UPI) -- A Connecticut city looking to recover up to $75 million in the Bernard Madoff investment scam has stopped his family and others from selling off assets for now.

Lawsuit: Madoff stole $20k trust fund gift

NEW YORK, March 27 (UPI) -- Jailed investor Bernie Madoff gave a $20,000 gift to the grandson of a close friend but later took $460,000 from the child's trust fund, court papers show.
Lawsuit targets Madoff's kid brother

Lawsuit targets Madoff's kid brother

NEW YORK, March 26 (UPI) -- A New York man says he is suing Bernard Madoff's brother for money lost in the financier's massive Ponzi scheme.
Toy lets consumers 'smash' Madoff

Toy lets consumers 'smash' Madoff

NEW YORK, Feb. 17 (UPI) -- A toy that lets users trash the likeness of Ponzi scheme investment mastermind Bernard Madoff was unveiled this week at the New York Toy Fair.
Madoff victims file suite in Miami

Madoff victims file suite in Miami

MIAMI, Jan. 28 (UPI) -- Bernard Madoff fraud victims who invested through Spanish bank Banco Santander filed suit in Miami, claiming the bank neglected proper fiduciary oversight.

Austria takes over bank in Madoff case

VIENNA, Jan. 2 (UPI) -- Austria's government says it has taken over a bank that reportedly invested $2.1 billion in American Bernard Madoff's allegedly fraudulent securities firm.

Madoff associate found dead

NEW YORK, Dec. 23 (UPI) -- An investor who put at least $1.4 billion in the hands of alleged Ponzi scheme operator Bernard Madoff appears to have committed suicide Tuesday, police say.

U.S. confiscates Iraqi bank accounts

WASHINGTON, March 20 (UPI) -- President George W. Bush Thursday ordered the confiscation of Iraqi bank accounts held in U.S. banks. Bush said the accounts were in the names of the "Government of Iraq, Central Bank of Iraq, Raidain Bank, Rasheed Bank or the State Organization for Marke
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch