From Golden In Greenwich To Homeless In GreenwichFairfield Greenwich Victims Are Getting More Aggressive
Town Of Fairfield Tells Judge That: There is a reasonable likelihood that Walter M. Noel Jr. is about to remove themselves or their property from this state, or are about to fraudulently dispose of or have fraudulently disposed of their property, with intent to hinder, delay or defraud their creditors.
Town seeks $75M judgment from Madoff, kin
Connecticut Post
By Genevieve Reilly
FAIRFIELD
The town's pension programs have been granted a temporary restraining order barring imprisoned Wall Street financier Bernard Madoff -- along with his family and investment firms that fed his massive Ponzi scheme -- from disposing of their assets, including several homes in Greenwich, as security for claims of up to $75 million for their losses in in his collapsed fund.
In what legal observers say is an unusual step, Judge Arthur Hiller granted the ex-parte motion Monday afternoon and scheduled a hearing for 9 a.m. April 13 in Bridgeport Superior Court to consider a permanent order.
The town is seeking to recoup its pension fund investment, which had grown to a value of $42 million last November, that was lost in the elaborate swindle orchestrated by Madoff, who federal prosecutors say bilked clients around the world of billions of dollars....
Connecticut Post
By Genevieve Reilly
FAIRFIELD
The town's pension programs have been granted a temporary restraining order barring imprisoned Wall Street financier Bernard Madoff -- along with his family and investment firms that fed his massive Ponzi scheme -- from disposing of their assets, including several homes in Greenwich, as security for claims of up to $75 million for their losses in in his collapsed fund.
In what legal observers say is an unusual step, Judge Arthur Hiller granted the ex-parte motion Monday afternoon and scheduled a hearing for 9 a.m. April 13 in Bridgeport Superior Court to consider a permanent order.
The town is seeking to recoup its pension fund investment, which had grown to a value of $42 million last November, that was lost in the elaborate swindle orchestrated by Madoff, who federal prosecutors say bilked clients around the world of billions of dollars....
Failed Greenwich Time Managing Editor
Bruce Hunter Apperntly Has No Idea That
The Town Of Fairfield Is Going After
Greenwich Resident Walter "Feeder Fund" Noels
Multi-Million Dollar House
.....The motion, filed by David Golub, a lawyer hired by the town for the Madoff case, states there is probable cause the town's pension programs could receive a $75 million judgment and seeks to secure that sum by attaching Andrew Madoff's home at 57 Tomac Ave., Mark Madoff's home at 21 Cherry Valley Road, and Noel's at 175 Round Hill Road home, all in Greenwich, as well as garnish all of the defendants' accounts at financial institutions.
"There is a reasonable likelihood that the defendants Andrew H. Madoff, Mark D. Madoff and Walter M. Noel Jr. are about to remove themselves or their property from this state, or are about to fraudulently dispose of or have fraudulently disposed of their property, with intent to hinder, delay or defraud their creditors," the motion states.......
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