It’s been almost three years since NBC News reported the Port Washington, NY meeting of 150 of Madoff’s Long Island and most vocal victims, was held to bring attention to a critical deadline for victims to claim their losses. July 2, 2009 marked the end of a 6 month narrow window for the sea of Madoff victims to claim the estimated $65 billion in fraud related losses to the regulatory agency, Securities Investor Protection Corporation (SIPC). SIPC is the administration overseeing those claims under the supervision of the appointed Trustee Irving H Picard, whose legal embattlement in attempts to recover losses related to the largest ever securities fraud enterprise in US history has been widely publicized. Read more on Examiner.com here.
