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Busy two weeks: Breakers Row in Palm Beach sees another condo sale, this one at about $15M

Penthouse 4 in the North Building at 2 N. Breakers Row in Palm Beach sells with a poolside cabana for a recorded $14.75 million.

New yorkUnited statesNorth buildingPalm beachChris mardenMaura ziskaAlan jay kaufmanKennethm endelsonAtlantic oceanKathi belfer cypresLawrence moensCarl shapiroArthur belferCarlj shapiroJack elkinsBernie madoff

Resi Roundup: Insurance Heir, Halloween Honcho, Madoff Victims Close Deals

Resi Roundup: Insurance Heir, Halloween Honcho, Madoff Victims Close Deals
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Palm Beach condo of late Carl Shapiro, early investor in Bernie Madoff s firm, brings $9M

Michigan insurance exec pays recorded $9 million for Palm Beach condo that was home to the late Carl Shapiro and his late wife, Ruth.

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Madoff Victim Fund to Pay Out $158 9M to Fraud Victims | Chief Investment Officer

The ninth distribution brings the total recovery to more than $4.2 billion over the past 10 years.

New yorkUnited statesCarl shapiroBernard madoffNicole argentieriBernardl madoffJosephine wangIrving picardPeter madoffJeffry picowerBernie madoffRichard breedenDepartment of justiceJpmorgan chase bankSecurities investor protection corpExchange commission

Justice Department announces distribution of over $158 9M to nearly 25,000 victims of Madoff Ponzi scheme

The Justice Department announced Monday that the Madoff Victim Fund (MVF) began its ninth distribution of over $158.9 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme.

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