New York investors sue Madoff.
Bloomberg News(12/31, Larson) reports, "Bernard Madoff, the financial adviser who allegedly admitted to running a $50 billion fraud, was sued by three New York investors who say he should be barred from distributing money to family and friends." They say that he "should have his assets permanently frozen and be prevented from continuing the alleged fraud." The suit was "filed by Anthony, Maria, and Toni Sciremammano, all residents of Massapequa Park, NY. The trio started investing with Madoff in 1995 and had a total of about $2 million invested as of September, they said." The case is Anthony Sciremammano v. Bernard L. Madoff, 08- cv-11332, U.S. District Court, Southern District of New York (Manhattan).
