Levy had offices one floor below Madoff's in New York’s Lipstick Building.
James Ratley, president of the Association of Certified Fraud Examiners said, “In order for him to have done this by himself, he would have had to have been at work night and day, no vacation and no time off. In 2000, Madoff began to add staff and expand the operation, and loaned the business $62.5 million. Cohn had shares of Madoff Holdings Ltd., a predecessor to the current London firm. Cohn held 35,624 non-voting shares, some of which he transferred to "BL Madoff" in 1998, and the rest that he "disposed of" in 2004. Konigsberg prepared the tax returns of foundations of six other families, many of which have lost millions, even hundreds of millions, of dollars.
He would have had to nurture the Ponzi scheme daily. Who handled it when somebody called in while he was on vacation and said, ‘I need access to money’? He had a staff of 25, including traders, managers and support. Madoff and Cohn were shareholders in Cohmad Securities, which steered investors to Mr. Paul Konigsberg, a New York City accountant and a longtime friend for more than 25 years, prepared two Madoff Family Foundation tax returns, and received the non-voting shares, valued at $35,000. He also represented scores of individual Madoff investors. Konigsberg's firm has received a civil subpoena from the SEC.
Ruth and Bernie Madoff had an intimate relationship with Levy and his wife, Betty.
Madoff was long known to have been Levy's "fixer," obtaining everything from choice restaurant reservations to emergency medical care.
Shapiro who referred potential investors to Madoff. Evidence is being gathered by investigators on a U. Levy is believed to have helped Paul Konigsberg funnel checks to London.
And investigators in New York say there were billions of dollars' worth of checks going back and forth between Madoff and Levy.
Jeanne Levy-Church's losses forced her to shut her JEHT Foundation and her parents’ foundation, the Betty and Norman F. JEH helped the less fortunate, especially ex-convicts. Investors who filed an involuntary personal bankruptcy petition against Madoff want his business’s U. unit's bankruptcy moved to New York because “overlapping discovery, related assets and common creditors” among the various cases mean they should be in the same court.
Following the death of his wife, Levy's girlfriend, model Carmen Dell'Orefice, an investor, said Levy was Madoff's "father figure". The Chapter 15 case is In re Madoff Securities International Ltd., 09-16751, U. Bankruptcy Court, Southern District of Florida (West Palm Beach).
Peter stepped down from the Board of Directors of the Securities Industry and Financial Markets Association (SIFMA) in December 2008, as news of the Ponzi scheme broke. According to court documents, Peter did not agree to cooperate in the investigation.
Peter served as a trustee for law student Andrew Samuels' 0,000 inheritance from his grandfather who worked for Madoff and created a trust for him.
Anthony Barkow, a former federal prosecutor in New York City who is currently a partner at Jenner & Block LLP was quoted as saying “Bernie Madoff claiming that he acted alone was ridiculous. Prosecutors are continuing to probe Madoff family members and employees. Konigsberg held Madoff accounts under his name including two in the name of the Westlake Foundation. and Judith Konigsberg are officers and directors of the foundation. District Court Judge Laura Taylor Swain agreed with prosecutors that Konigsberg did not know about Madoff's scheme and had cooperated fully with investigators.