Madoff-Burned Owners Must Sell Mets: Author
The Wilpon family will have to sell the New York Mets after losing $700 million to Bernie Madoff's Ponzi scheme, according to an author who wrote about the money manager. “It's possible they would have...
View ArticleMets Owners Made $300M Off Madoff Scheme: Suit
The New York Mets’ two owners, along with their businesses and families, made some $300 million in fictitious profits from Bernie Madoff’s Ponzi scheme—putting them among its top beneficiaries, says a...
View ArticleMets Owners: We Knew Nothing of Madoff Scam
Though they made millions in profits from Bernard Madoff's phony investment scheme, owners of the Mets knew nothing about the fraud and aren't about to turn over a dime of their money to fleeced...
View ArticleMets' Owners Won't Lose All Their Madoff Money
The New York Mets' owners may have to return some of $300 million in profits they made dealing with Bernie Madoff, but their $700 million principal is probably safe. A judge has decided that for...
View ArticleMets’ Owners Settle Madoff Case for $162M
The New York Mets' owners have avoided a trial over what they knew about Bernie Madoff's Ponzi scheme by settling today with the trustee for Madoff victims for $162 million, the New York Times reports....
View ArticleBill Maher Buys Stake in Mets
The Mets have found an unlikely hero: Lifelong fan Bill Maher has snapped up a minority stake in the team as it struggles to overcome its debt . He says he was inspired to make the purchase after...
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