Bridgeport holdings inc liquidating trust
When Levy died in 2005 at the age of 93, Madoff extolled him as a man whose friendship he had cherished and who had "taught me so much." Levy's son Francis said his father believed in Madoff: "If there's one honorable person,” he said, “it's Bernie." On April 14, 2009, the liquidators of Madoff International Limited of London filed for Chapter 15 bankruptcy recognition in West Palm Beach, Florida, and sued Peter Madoff, to recover a 1964 Aston Martin DB2/4 automobile worth an estimated $200,000. On June 8, 2009 the Chapter 15 case was transferred to the Southern District of New York as Madoff Securities International Limited, Stephen John Akers, Mark Richard Byers, and Andrew Laurence as the Joint Provisional Liquidators, 09-12998, so it can be administered more effectively with the related involuntary bankruptcies against Madoff, and his companies, also filed in New York. Friehling, 49, the sole practitioner at Friehling & Horowitz CPAs, waived indictment and pleaded not guilty to criminal charges on July 10, 2009. Friehling was charged on March 18, 2009, with securities fraud, aiding and abetting investment adviser fraud, and four counts of filing false audit reports with the Securities and Exchange Commission.
In March and May 2008, Madoff International wire-transferred 135,000 pounds ($198,207) to buy a car for Peter Madoff, and delivered it to him at his residence in Palm Beach. The associated adversary proceeding was also moved to the Southern District of New York as Akers et al. Madoff, 09-1186, demanding $235,000 against Peter B. He agreed to proceed without having the evidence in the criminal case against him reviewed by a grand jury at a hearing before U. Although required, Friehling was not registered with the Public Company Accounting Oversight Board, which was created under the Sarbanes-Oxley Act of 2002 to help detect fraud. District Court for the Southern District of New York (Manhattan).
Jeanne Levy-Church's losses forced her to shut her JEHT Foundation and her parents’ foundation, the Betty and Norman F. JEH helped the less fortunate, especially ex-convicts. Investors who filed an involuntary personal bankruptcy petition against Madoff want his business’s U. unit's bankruptcy moved to New York because “overlapping discovery, related assets and common creditors” among the various cases mean they should be in the same court.
Following the death of his wife, Levy's girlfriend, model Carmen Dell'Orefice, an investor, said Levy was Madoff's "father figure". The Chapter 15 case is In re Madoff Securities International Ltd., 09-16751, U. Bankruptcy Court, Southern District of Florida (West Palm Beach).
Levy had offices one floor below Madoff's in New York’s Lipstick Building.