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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Barbara Picower

Barbara Picower stories: 2 news summaries

Picower Death May Stall
Suit for Madoff Billions

Will be harder for bilked investors to recoup losses

(AP) - The death of Jeffry Picower, accused of profiting more than $7 billion from the investment schemes of longtime pal Bernard Madoff, will make it more difficult for suing investors to recoup their money, attorneys said late yesterday. Palm Beach police are investigating the death, after Picower's wife discovered the 67-year-old's... More »

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death Ponzi scheme Bernard Madoff Jeffry Picower Barbara Picower

Madoff Colleague Found Dead in Swimming Pool

Jeffry Picower faced Ponzi scheme lawsuit

(Newser) - Philanthropist Jeffry Picower, who allegedly reaped billions of dollars from longtime friend Bernard Madoff's Ponzi schemes, was found dead today at the bottom of his Florida swimming pool. Efforts to revive him failed, and his death was ruled a drowning, police said. Picower, 67, wife Barbara, and their foundation were... More »

2 Stories