Jewish Association for Services for the Aged Hit with Madoff Clawback Suit

from Bloomberg BusinessWeek:

Madoff Trustee Sues Jewish Association for $5.2 Million

The liquidator of Bernard L. Madoff’s firm sued the Jewish Association for Services for the Aged for $5.2 million in fictitious profit allegedly received from the Ponzi scheme over six years.

… David Warren, president of the association for services to the Jewish aged in New York, didn’t immediately respond to a voicemail message seeking comment on the lawsuit.