Issa Issues Subpoena on Ex-SEC Lawyer, Madoff

Wednesday, 16 Mar 2011 05:18 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Irving Picard, the trustee in the Bernie Madoff case, has gone after ex-SEC general counsel David Becker, who inherited some Madoff money when his mother died. Now California GOP Rep. Darrell Issa, chairman of the House Oversight and Investigations Committee, is hot on Becker’s trail too, Politico reports.

Issa, Madoff, Becker, subpoena,
            inherited
Rep. Darrell Issa, R-Calif.
Issa has issued a subpoena to Picard for “all documents” on the family account of David Becker, who was involved with the SEC’s activity relating to Madoff.

Issa’s committee is investigating how long Becker’s family was involved with Madoff. Issa also is trying to find out how involved Becker was in determining the amount of payouts to Madoff victims.

“Victims of the Madoff swindle rightly feel cheated by the SEC’s ineptitude,” Issa said in a statement. “The decision to allow David Becker to work on the Madoff case, despite family earnings from a Madoff account, necessitates answers.”

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Atheist Sues After New Jersey Rejects License Plate

Friday, 18 Apr 2014 22:31 PM

Shannon Moran, of Maurice River Township has filed a lawsuit against the state Motor Vehicle Commission, saying it viola . . .

South Carolina Mayor Fires Lesbian Police Chief

Friday, 18 Apr 2014 22:20 PM

A South Carolina mayor fired his 20-year veteran chief of police, who is a lesbian, reportedly declaring in a recorded p . . .

Discovery Channel Everest Jump in Doubt After Deadly Avalanche

Friday, 18 Apr 2014 22:12 PM

The Everest Jump Live special that Discovery Channel had planned for May 11 is in question following a deadly avalanch . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved