Indulge in Life in America

"Yes, as long as we can prove that the US$3 million insurance was purchased with stolen money~"

Yang Cheng slapped the table fiercely, "So what are you waiting for? Just do it like this~"

David nodded, "Of course, I have sent someone to follow up. In addition, Picard sued the Madoff Fund’s biggest beneficiary-Madoff’s friend Pickova for decades, and his wife and family. Fund, requesting the latter to return the $7.2 billion illegal return it received from the Madoff Fund.

This matter deserves our attention.

Picard wrote in the indictment: Two years before the incident, Pickova opened a new account with the Madoff Fund and remitted US$125 million. Within 2 weeks, the US$125 million was due to the surge in securities prices. Has increased to 164 million US dollars.

After 5 months of investing, Picova has successively redeemed USD 125 million, leaving an income of USD 81 million in his account.

Based on these transactions, Picard believed that Picova should have questioned these high returns and the operation of the Madoff Fund, but Picova ‘trusted Madoff’s honesty and integrity and admired Madoff’s behavior very much’.

A few months after the prosecution, Picova was found drowning in the swimming pool at his home. Subsequently, his wife reached a judicial settlement with Picard and returned part of the redeemed cash.

Of the $13.3 billion that Picard has recovered so far, $6 billion was recovered through legal proceedings and settlements from Madoff's first four investors with the largest profits.

In addition, 1.4 billion US dollars were recovered through litigation from other investors. Picard also sued those financial experts who invested investors’ funds in Madoff, and recovered an illegal return of 3.9 billion US dollars. "

Yang Cheng was a little sighed, thinking that the tycoon who smashed Wall Street back then is not what it used to be.

He still remembers Madoff confessing in an interview a few years ago that the pressure of prison life is less than Wall Street, but such emotions did not last long.

At the age of 70, Madoff fought against all charges at the age of 70 and dismissed all the responsibilities of his son and his wife. Even his arrest, he first confessed to his wife and son, and the latter reported it.

However, although both of Madoff's sons have repeatedly denied that they are involved in the Madoff case, they are still under tremendous pressure and chose to end their lives in 2010 and 2014 respectively.

In an email to the media in 2015, Madoff confessed that he missed his family very much. He wrote, “How did I get myself into this nightmare?”

However, the tragic ending cannot make investors forget the luxurious lives of these people. The US Bankruptcy Court's investigation of Madoff's two sons found that they spent tens of thousands of dollars on a family trip to a famous ski resort in central America. .

In the year the scandal broke out in 2008, Madoff’s son Mark also bought a $6.5 million beach house in Nantucket, Massachusetts, and Madoff’s company acted as a borrower in the transaction.

And Madoff's youngest son Andrew bought a $4 million luxury villa in Manhattan more than a month before the scandal broke out.

Although they have never been charged with criminal charges, Picard and the Justice Department reached a settlement agreement with the heir of Madoff’s son for $23 million and donated the money to the victims.

Although Madoff’s wife Ruth has been working for Madoff’s company, the blond and thin old lady claimed that she never knew her husband’s illegal behavior.

At the same time, she agreed to give up about 75 million US dollars of assets in her name, and according to a settlement agreement with federal prosecutors, she left 2.5 million US dollars to live on.

At present, Ruth lives in an apartment in Old Greenwich, Connecticut. It is different from the life of rich clothes and food. Now, if she buys more than $100, she must declare to the regulatory agency.

As the compliance director of Madoff’s investment consulting business, his brother Peter Madoff should have known many secrets, but he insisted that he was ignorant of his brother’s fraud. Despite this, he admitted to forging records and complicit in securities fraud in 2012. He was sentenced to 10 years in prison.

It can be said that the Madoff family was caused by him and fell because of him. The so-called success is also Xiao He defeat Xiao He, greed is correct, the fault is too greedy, then again, if it were not for the thunderous explosion of the subprime mortgage crisis Now, the Madoff family can still make waves on Wall Street.

Shaking his head and retracting his thoughts, he said to David, "So you found the friends of the two scammers?"

"I don't know if it's a friend, but it must be implicated. Otherwise, such a big thing would be difficult to accomplish with two ordinary people."

"What? There are helpers?"

"Yes, we have taken surveillance measures against an account manager of Wells Fargo Bank."

Yang Cheng immediately followed, "The initial accounts of the two scammers are in Wells Fargo Bank~"

"Yes, we discovered that this account manager used his authority to help the two scammers buy a financial management amount of about 2 million."

"Shit! Too rampant~"

"It won't be long. My people are collecting evidence. Once the evidence is conclusive, the account manager can basically declare that he spent the rest of his life in prison~"

"Well done, David, I think you are capable of being promoted to the boss of the New York Bureau~"

"Oh, thank you for your compliment, this is my honor~"

"I'm telling the truth~"

Looking at Kari, whose face is ashamed, why is there such a big gap in life?

With David's intervention, Yang Cheng felt a lot less pressure. At least he didn't need to worry about how to recover the stolen money, and could go all out to get the two **** back.

But David pleaded, "Mr. Yang, I hope those two criminals can be handled by me. I mean they are of no value to you in the future~"

Yang Cheng understands what he means~www.wuxiaspot.com~Of course, this is right. Private individuals have no right to enforce the law. I am a good citizen. I don’t understand this. Don’t worry~"

David breathed a sigh of relief visible to the naked eye, "It couldn't be better, thank you Mr. Yang for your understanding~"

Yang Cheng waved his hand casually, "You're welcome, David, we are now in the same boat. It is okay to help each other."

David glanced at Cary and hesitated, "Then Carly..."

This question involves Yang Cheng's bottom line, and there is no discussion. "He doesn't have to worry about him. As for his business, you can take over with peace of mind.

After a long time with me, you will find that I am a person who never spares money, and mutual benefit and win-win is my purpose as a person. "

David sighed. After all, he didn't speak for Kari anymore. In fact, it was enough to repay the favor by being able to do this. There is no need to offend Yang Cheng, the new ‘boss’, for a useless person.

As a smart black man, standing in line is his innate ability.

txt download address:

phone-reading: