And the Picowers are paying for all of it, according to the Daily Wire. The family chieftain, Jeffrey Picower, invested early with Madoff, and ultimately profited over $7 billion off of Madoff’s ...

The bulk of its funds — about $2.2 billion — came from assets recovered from the estate of the late Jeffry Picower who was a Madoff investor, according to the department. Some of Madoff’s ...

The largest portion of the fund for Madoff's victims, about $2.2 billion, came from a civil forfeiture recovery from the estate of Jeffry Picower, a now-dead Madoff investor, the DOJ said.

The fund was created mainly from settlements between the Justice Department and Mr. Madoff’s former bank JPMorgan Chase, and between the liquidator of Madoff’s former firm and the estate of former ...

More than half of the recovery money, or $2.2 billion, was collected from the estate of deceased Madoff investor Jeffry Picower. An additional $1.7 billion came from a settlement with JPMorgan Chase ...