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Bernie Madoff trustee Irving Picard eyes $83 million ‘profit’ from NY Mets owners Fred Wilpon and Saul Katz

The trustee overseeing the liquidation of Bernie Madoff’s estate has asked a federal judge to order the owners of the Mets to turn over more than $83 million in allegedly fictitious profits they withdrew from their accounts in the two years before Madoff’s massive Ponzi scheme collapsed. In a motion for partial summary judgment filed late Thursday, the lawyers representing trustee Irving Picard — whose original claim demanded $1 billion from the Mets’ owners — said records show that Fred Wilpon, Saul Katz and their associates withdrew $83,309,162 in fictitious profits from 34 accounts between Dec. 11, 2006, and Dec. 11, 2008, when Madoff’s scam collapsed. More in the New York Daily News here.

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