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French Poised To Seize Ruth Madoff's Chateau

2009_03_ruthchat.jpg If she's not being chased out of Food Emporium, Ruth Madoff has to deal with French officials trying to seize her chateau in Cap d'Antibes (cue sad trombone)! An attorney for Irving Picard, the trustee that is locating assets of disgraced financier Bernard Madoff, revealed the detail about the French chateau; Picard's attorney David Sheehan warned in court yesterday, "Next week the French are going to grab the chateau."

Additionally, Picard found another $75 million, which means Madoff's assets total over $1 billion. Apparently this $75 million was found in Gibraltar and Picard has asked for permission to pursue the assets. Picard previously said he found $946 million in assets that could potentially pay victims of Madoff's longtime, wide-reaching Ponzi scheme. Sheehan was trying to convince the judge to give Picard "stock power of attorney" so he can quickly seize the assets.

As for Chateau des Pins Villa, Madoff's lawyer Ira Lee Sorkin said, "We are relinquishing any rights to it." The estate, which reportedly has an "unobstructed view of the Mediterranean" is worth $1 million and has about $900,000 worth of furnishings inside. And perhaps the only winner (besides lawyers) in the Madoff scandal: This guy who used Madoff's inmate number to win $1,500 in lottery winnings.

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  • MADOFF + STANFORD + DREIER + SATYAM + ALBERT HU = PROSKAUER ROSE

    Investors who have been burned in these scams should start to seek redress from the lawyers who were involved with these scams. I personally have been trying to notify regulators and authorities of a ONE TRILLION DOLLAR scam that is putting states like New York and Florida at huge risk, as well as, companies like Intel, Lockheed, SGI and IBM. The states and companies involved in the fraud fail to acknowledge the risk exposing shareholders and citizens to impending liabilities. Investigators, courts and federal agents ignoring the crimes and evidence, including a car-bombing attempt on my life. I know how Harry Markopolos felt trying to expose Madoff in a world without regulation.

    Did I hear Proskauer Rose is involved in Madoff (involved many clients too) and acted as Allen Stanford's attorney. Investors who lost money in these scams should start looking at the law firm Proskauer's assets for recovery. First, Proskauer partner Gregg Mashberg claims Madoff is a financial 9/11 for their clients, if they directed you to Madoff sue them. Then, Proskauer partner Thomas Sjoblom former enforcement dude for SEC and Allen Stanford attorney, declares PARTY IS OVER to Stanford employees and advises them to PRAY, this two days before SEC hearings. Then at hearings, he lies with Holt to SEC saying she only prepared with him but fails to mention Miami meeting at airport hanger. Then Sjoblom resigns after SEC begins investigation and sends note to SEC disaffirming all statements made by him and Proskauer, his butt on fire. If you were burned in Stanford sue Proskauer.



    Proskauer Rose and Foley & Lardner are also in a TRILLION dollar FEDERAL LAWSUIT legally related to a WHISTLEBLOWER CASE also in FEDERAL COURT. Marc S. Dreier, brought in through Raymond A. Joao of Meltzer Lippe after putting 90+ patents of mine in his own name, is also a defendant in the Federal Case.

    The Trillion Dollar suit according to Judge Shira Scheindlin is one of PATENT THEFT, MURDER & A CAR BOMBING. For graphics on the car bombing visit www.iviewit.tv.

    The Federal Court cases

    United States Court of Appeals for the Second Circuit Docket 08-4873-cv - Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al. - TRILLION DOLLAR LAWSUIT

    Cases @ US District Court - Southern District NY

    (07cv09599) Anderson v The State of New York, et al. - WHISTLEBLOWER LAWSUIT

    (07cv11196) Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al.

    (07cv11612) Esposito v The State of New York, et al.,

    (08cv00526) Capogrosso v New York State Commission on Judicial Conduct, et al.,

    (08cv02391) McKeown v The State of New York, et al.,

    (08cv02852) Galison v The State of New York, et al.,

    (08cv03305) Carvel v The State of New York, et al., and,

    (08cv4053) Gizella Weisshaus v The State of New York, et al.

    (08cv4438) Suzanne McCormick v The State of New York, et al.

  • MADOFF + STANFORD + DREIER + SATYAM + ALBERT HU = PROSKAUER ROSE

    Investors who have been burned in these scams should start to seek redress from the lawyers who were involved with these scams. I personally have been trying to notify regulators and authorities of a ONE TRILLION DOLLAR scam that is putting states like New York and Florida at huge risk, as well as, companies like Intel, Lockheed, SGI and IBM. The states and companies involved in the fraud fail to acknowledge the risk exposing shareholders and citizens to impending liabilities. Investigators, courts and federal agents ignoring the crimes and evidence, including a car-bombing attempt on my life. I know how Harry Markopolos felt trying to expose Madoff in a world without regulation.

    Did I hear Proskauer Rose is involved in Madoff (involved many clients too) and acted as Allen Stanford's attorney. Investors who lost money in these scams should start looking at the law firm Proskauer's assets for recovery. First, Proskauer partner Gregg Mashberg claims Madoff is a financial 9/11 for their clients, if they directed you to Madoff sue them. Then, Proskauer partner Thomas Sjoblom former enforcement dude for SEC and Allen Stanford attorney, declares PARTY IS OVER to Stanford employees and advises them to PRAY, this two days before SEC hearings. Then at hearings, he lies with Holt to SEC saying she only prepared with him but fails to mention Miami meeting at airport hanger. Then Sjoblom resigns after SEC begins investigation and sends note to SEC disaffirming all statements made by him and Proskauer, his butt on fire. If you were burned in Stanford sue Proskauer.



    Proskauer Rose and Foley & Lardner are also in a TRILLION dollar FEDERAL LAWSUIT legally related to a WHISTLEBLOWER CASE also in FEDERAL COURT. Marc S. Dreier, brought in through Raymond A. Joao of Meltzer Lippe after putting 90+ patents of mine in his own name, is also a defendant in the Federal Case.

    The Trillion Dollar suit according to Judge Shira Scheindlin is one of PATENT THEFT, MURDER & A CAR BOMBING. For graphics on the car bombing visit www.iviewit.tv.

    The Federal Court cases

    United States Court of Appeals for the Second Circuit Docket 08-4873-cv - Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al. - TRILLION DOLLAR LAWSUIT

    Cases @ US District Court - Southern District NY

    (07cv09599) Anderson v The State of New York, et al. - WHISTLEBLOWER LAWSUIT

    (07cv11196) Bernstein, et al. v Appellate Division First Department Disciplinary Committee, et al.

    (07cv11612) Esposito v The State of New York, et al.,

    (08cv00526) Capogrosso v New York State Commission on Judicial Conduct, et al.,

    (08cv02391) McKeown v The State of New York, et al.,

    (08cv02852) Galison v The State of New York, et al.,

    (08cv03305) Carvel v The State of New York, et al., and,

    (08cv4053) Gizella Weisshaus v The State of New York, et al.

    (08cv4438) Suzanne McCormick v The State of New York, et al.

  • jaycjay

    "They wont find anything near 50 Billion because he didn't steal 50 Billion."



    Exactly. That's often missed in reports about this situation. Most of the money his investors thought they had never even existed. It was just some fictitious numbers on statements he sent them. They were never as wealthy as they thought they were, but they also didn't lose as much as they feel like they did. They lost their initial investments, and the opportunity to have made a reasonable return (which in almost every case would have been far less than what he was telling them he was getting for them).

  • NannyState

    They lost their initial investments plus any added funds they may have put in. The fact that Madoff didn't actually invest any of it for 13 years means that there has to be more loot. But remember that what finally tripped him up was the crash on Sept. 15 that drove his "clients" into demanding redemptions. He had to redeem as much money as possible to continue to hide his thievery. When he couldn't make that work was when it all unravelled...

  • Mr Mel

    They wont find anything near 50 Billion because he didn't steal 50 Billion. What he stole was what the investors put up originally not what their monthly statements said they were worth. The people that had cashed in at one point or another when the scheme was in full motion, they scored because they were paid money that was never earned.

  • hotstepper

    bonnes nouvelles!

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