Madoff trustee triples JPMorgan suit to $19 billion

Started by Reuters, Jun 25, 2011, 03:02 PM

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Reuters

Jun 25, 2011, 03:02 PM
NEW YORK (Reuters) - The trustee seeking money for Bernard Madoff's victims is now demanding $19 billion in damages from JPMorgan Chase & Co, more than tripling what he hopes to recover from what had been the main bank for the now-imprisoned Ponzi schemer.

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