Business

Madoff estate trustee sues Barclays for $67 million

InternAdmin Contributor

(Reuters) – Barclays Plc was sued for $67.4 million by the trustee seeking money for victims of Bernard Madoff‘s Ponzi scheme.

The lawsuit is one of six filed on Thursday in the U.S. Bankruptcy Court in Manhattan by the trustee Irving Picard, seeking about $219 million of transfers related to Fairfield Sentry Ltd.

Full story: Barclays sued by Madoff trustee