Trustee: $2.5 Billion In Checks Mailed Out To Madoff Ponzi Scheme VictimsThe decades-long fraud cost investors about $17.3 billion, Picard estimated. Since becoming the trustee for victims swindled in the scheme, Picard said he has recovered more than $9 billion.

More From CBS New York

BUY TICKETS NOW
Get Our Morning Briefs
Bloomberg WCBS Tri-State Business Index

Listen Live