Brother; co-director of trading at BLMIS; both reported their father's fraud.
Facts (8)
Data Freshness
FreshLast update: 0d ago · Avg age: 2243d
Confidence Tiers:Primary Source — cross-referenced government/corporate filingsPending Review — sourced but not independently verifiedAI Inference — analytical hypothesis from cross-referencing
Documented Records (8)
Sourced from government databases, press reports, and corporate filings. Not yet independently verified.
Primary SourceHe left an estate valued at approximately $16 million, which was settled with the bankruptcy trustee for $23 million on behalf of his estate and his brother's estate.
Primary SourceAndrew Madoff served as chairman of the SIA Trading Committee and submitted a comment to the SEC regarding NASD rule changes in 2004.
Partially CorroboratedCo-director of BLMIS market-making and proprietary-trading operations; like his brother, reported his father's confession to authorities on December 10, 2008.