Madoff Trustee Sues JPMorgan, Others For $6.4 Billion

NEW YORK — The trustee trying to recover money for investors cheated by Bernard Madoff is suing JP Morgan Chase for $6.4 billion, saying the bank had a central role in abetting the disgraced financier as he carried out his fraud.Trustee Ir…

NEW YORK — The trustee trying to recover money for investors cheated by Bernard Madoff is suing JP Morgan Chase for $6.4 billion, saying the bank had a central role in abetting the disgraced financier as he carried out his fraud.

Trustee Irving Picard announced Thursday the filing of the lawsuit in U.S. Bankruptcy Court in New York.

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