Thursday, June 11, 2009

Grant Thornton is Right in the Middle of this Whole Mess

Grant Thornton's UK office is neck deep in this whole Madoff Ponzi seized assets shitstorm drama. They're currently battling in bankruptcy court with Irving Picard, the trustee overseeing the liquidation in the U.S., to see if they can grab every nickel they can. Sounds like things were semi-cool but then this happened:

"The dispute between the two sides has escalated after GT liquidators seized a vintage Aston Martin worth $235,000 (£145,000) earlier this year which had been bought through Madoff’s UK operations.

A six figure car will get some attention regardless but we're talking about Madoff victims here. Picard is already getting sued by the victims so if he lets GT get their mitts on this little baby, there's really going to be hell to pay.

GT liquidators in US court battle for Madoff assets
[AccountancyAge] Sphere: Related Content

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