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Madoff Sons Wives Sued by Trustee for 57.5 Million

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The trustee liquidating Bernard L. Madoff Investment Securities Inc. revised a lawsuit to add the spouses of Bernard Madoff’s two sons as defendants on $57.5 million in claims, Bloomberg News reported yesterday. The new claims, filed on May 4, are part of Irving Picard's existing $255 million complaint against the Madoff family seeking to recoup money taken out of the Ponzi scheme. The revised complaint adds Stephanie Mack, Mark Madoff's widow, and Deborah Madoff, Andrew Madoff's wife, as defendants on $54.5 million in claims for unjust enrichment. Picard also is suing for $3 million that allegedly was transferred to the two women and to Susan Elkin, Mark Madoff's first wife.