Trustee from the Bernie Madoff Scandal to Discuss Lessons Learned at The Economic Club of Las Vegas at February 21st Event
LAS VEGAS, Feb. 16, 2018 /PRNewswire-USNewswire/ -- The Economic Club of Las Vegas has announced it will host Irving Picard, Trustee for Bernard L. Madoff Investment Securities LLC on Wednesday, February 21 at The Smith Center (Cabaret Jazz Theater). He will discuss lessons learned in his talk titled, The Madoff Fraud: The International Investigation and Recovery Efforts.
The event will take place from 5 p.m. to 7 p.m. and the cost is $50 per person. Cocktails and light hors d'oeuvres will be served. For more information and to register, visit www.econclublv.org/events.
Picard currently serves as court-appointed trustee under the Securities Investor Protection Act (SIPA) for the liquidation of Bernard L. Madoff Securities LLC (BLMIS), an unprecedented global recovery effort stemming from one of the largest financial frauds in U.S. history. As SIPA Trustee, Picard's mandate is to recover the principal stolen by Madoff to return to BLMIS customers with allowed claims. As of December 2017, he has recovered or entered into agreements to recover more than $12.8 billion, all of which will be returned to BLMIS customers with allowed claims.
"Since inception, The Economic Club has worked to bring national speakers to Southern Nevada for discussions on topics of general and economic interest. Our event with Irving Picard is a perfect example as he will inform and educate our audience about the Bernie Madoff scandal," said Ken Heck, Economic Club President, and President of Heck Wealth Management.
About the Economic Club of Las Vegas
The Economic Club of Las Vegas,a non-profit 501(c)(6), non-partisan organization, provides an independent forum for national and international economic discussion and intellectual debate. The Club brings national speakers to Las Vegas to share their perspectives and ideas about economic and/or political conditions in the United States and the world.
SOURCE The Economic Club of Las Vegas
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