NEW YORK (AP) -- Investors who lost billions of dollars in Bernard Madoff's massive multi-decade fraud are not entitled to recover fake profits that were described to them in phony statements, a federal appeals court said Tuesday....
By LARRY NEUMEISTER, Associated Press: Business
Tue, 08/16/2011 - 9:22am
NEW YORK (AP) -- Investors who lost billions of dollars in Bernard Madoff's massive multi-decade fraud are not entitled to recover fake profits that were described to them in phony statements, a federal appeals court said Tuesday....