Madoff Trustee: Mets Owners Raked In $300 Million in Phony Profits

The two owners of the New York Mets, their families and businesses were collectively one of the largest beneficiaries of Bernard Madoff’s fraud, reaping about $300 million in fictitious profits, according to a lawsuit filed and unsealed on Friday by Irving Picard, the bankruptcy trustee recovering money for Madoff victims. – The WSJ

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