The world learned 10 years ago about Bernard Madoff’s unprecedented fraud, a global Ponzi scheme that spanned decades and defrauded thousands of investors of approximately USD$20 billion.

FTI was retained by SIPC Trustee Irving Picard in December of 2008 to help track down the ill-gotten funds. Over the last 10 years, nearly 400 FTI professionals from around the world have worked with the Trustee to investigate and recover assets from more than 45 jurisdictions worldwide. FTI reconstructed books and records, determined amounts deposited and withdrawn from thousands of customer accounts, and analyzed hundreds of millions of transactions.

For further information please contact Linda Bertolissio or Riina Rintanen.