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
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Teacher Tried to Stop Washington State Shooting

Saturday, 25 Oct 2014 15:56 PM

A union official says a newly hired high school teacher confronted a gunman during a deadly shooting at a Washington sta . . .

Ebola Airport Order Opens Cuomo-de Blasio Rift

Saturday, 25 Oct 2014 15:20 PM

A decision by New York Gov. Andrew Cuomo and New Jersey Gov. Chris Christie to subject medical personnel to a 21-day qua . . .

Early Voting Alters Campaigns' Strategies, Costs

Saturday, 25 Oct 2014 14:35 PM

For over 1 million Californians, the Nov. 4 election is over. That's because they've already voted. A growing throng of  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

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