Estates of ex-financier's dead sons to give â¹148 cr on fraud
Estates of former financier and fraudster Bernard Madoffâs dead sons have reached an agreement with US government to hand over $23 million (â¹148 crore) to victims of his Ponzi scheme. This resolves an eight-year legal battle over fortunes they amassed at Madoff's bogus securities firm. Their estates were sued for misusing $150 million of client money on their lavish lifestyles.