The Mets Owners Settle With The Madoff Trustee For $162 Million

ponzi sterling equities fred wilpon

The Wilpon family has settled with the trustee looking to recover Mets profits from Bernie Madoff’s ponzi scheme for $162 million.

Irving Picard, the trustee looking to recover the profits for the victims of the scheme, was suing for $300 million.

The trial was set to begin with jury selection morning.

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