Monday, April 20, 2009

Judge blocks Madoff bankruptcy

Posted By: Asim Mohammed
NEW YORK (CNN) -- A federal judge Monday blocked Bernard Madoff's assets from being moved into bankruptcy, saying there is probable cause the assets should be forfeited to the government. The order comes exactly one week after five investors filed papers in Federal Bankruptcy Court seeking nearly $64 million in an effort to force Madoff into involuntary bankruptcy.


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