Skip to main content

List of Madoff 'customers' runs into the thousands

  • Story Highlights
  • List of "customers" of alleged fraud mastermind Bernard Madoff is released
  • The list includes Columbia University and John Denver Enterprises
  • Madoff faces one charge of securities fraud and could face up to 20 years in prison
  • Next Article in Crime »
Decrease font Decrease font
Enlarge font Enlarge font

NEW YORK (CNN) -- A 162-page list naming thousands of "customers" of alleged fraud mastermind Bernard Madoff has been filed with the bankruptcy judge overseeing the case.

Bernard Madoff is under 24-hour house arrest in his Upper East Side luxury apartment.

Bernard Madoff is under 24-hour house arrest in his Upper East Side luxury apartment.

Yet questions have arisen about the filing, which contains more than 13,500 entries, including prominent institutions and people such as Columbia University, The Elie Wiesel Foundation and Fred Wilpon, the owner of the New York Mets.

Bernard Madoff is listed 29 times. His wife, Ruth, is listed once. Madoff's attorney, Ira Lee Sorkin, is on the list as well, though he says he never invested with Madoff.

The list was filed Wednesday by court-appointed trustee Irving Picard, who is liquidating Madoff's investment company.

Some Madoff clients interviewed by CNN are not on the list. Neither are some who invested with Madoff through so-called "feeder funds," though law firms that represent them are listed.

Picard did not respond to requests for comment. Neither did other attorneys working on the case or representatives for their law firm, Baker Hostetler.

Notables on the list include the International Brotherhood of Teamsters Local 1249 Pension Fund and John Denver Enterprises.

Individuals on the list include John Malkovich and Sandy Koufax. However, it has not been confirmed that those on the list are actually the actor and the baseball Hall of Famer, respectively.

CNN's Larry King was another on the list.

"I can confirm that Larry was an investor with Madoff," said King's spokesman, Howard Rubenstein. "But the investments did not constitute a substantial portion of his assets. Nor were there substantial losses."

Rubenstein said he has more than a dozen clients who have been victims of the fraud and said most of his clients told him they anticipated that their names would surface sooner or later. He added they were all concerned with the accuracy in reporting, if and when their names were reported publicly.

The densely typed list includes multinational banks, unions, charitable foundations, Madoff's relatives and, possibly, celebrities.

It is not clear from the list whether each customer invested money with Madoff and, if so, how much each customer may have invested.

Seventy-year-old Madoff is under 24-hour house arrest in his Upper East Side luxury apartment, with $10 million bail placed against his home, as well as his wife's residences in Montauk, New York, and Palm Beach, Florida.

He faces one charge of securities fraud in connection with an international scheme that has cost some investors their life savings. Madoff estimated that investors lost $50 billion, according to the criminal complaint against him.

If convicted, he could face up to 20 years in prison and a $5 million fine.

CNN's Emily Anderson and Cheryl Robinson contributed to this report.

All About Bernard MadoffJohn Malkovich

  • E-mail
  • Save
  • Print

Find a local lawyer at Martindale-Hubbell's®™

Start Your Law Firm Search
Search for attorneys by location and area of practice.
Home  |  World  |  U.S.  |  Politics  |  Crime  |  Entertainment  |  Health  |  Tech  |  Travel  |  Living  |  Money  |  Sports  |
© 2014 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.