Bernie Madoff trustee: The NY Mets knowingly took ill-gotten cash
million the estimated amount in profits the New York Mets allegedly earned from Bernie Madoff’s ponzi scheme
million the estimated amount that the team reportedly took from Bernie Madoff-related bank accounts source
» And now they’re being pressured to give it up: Irving Picard, the trustee in charge of the insanely massive Bernie Madoff account, claims in a lawsuit that the Mets organization, represented by Sterling Equities, turned a blind eye to Madoff’s scheme and had plenty of opportunities to see red flags pop up. ”The Sterling partners were simply in too deep – having substantially supported their businesses with Madoff money – to do anything but ignore the gathering clouds,” says the complaint first made public on Friday. Officials for the team call the claims ”an outrageous strong-arm effort” at getting money out of them, and deny any wrongdoing.