Bloomberg News

Defendants in $900 Million Madoff Trustee Suit Seek New Judge

October 14, 2011

Oct. 14 (Bloomberg) -- Accountant Michael Bienes, sued with Frank Avellino and others for $900 million by the liquidator of Bernard Madoff’s firm, said he will join Avellino in asking a district judge to take the case out of bankruptcy court, according to a filing today. Avellino & Bienes, a Florida investment firm, funneled money to the con man, trustee Irving Picard alleged in his suit.

To contact the reporter on this story: Linda Sandler in New York at lsandler@bloomberg.net

To contact the editor responsible for this story: Stephen Farr at sfarr@bloomberg.net


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