Picard said in dep t the court that the payments were made on behalf of foreign account holders approximately $ 145 330 million. The IRS had erroneously paid approximately $ 4.2 million to two of the foreign account holders,
mulberry tote bags, depending on exp t in court. Trust said there is no record of Madoff's firm who purchased or sold securities for the benefit of foreign account holders. ? I believe that payments to the IRS falsely identified funding as a revenue source to provide the investment advisory arm of Bernard L. Madoff Investment Securities LLC (BLMIS) an air of legitimacy and avoid investigations? Picard said in a dep? T.