Mark Kornfeld and Jordan Maglich featured in article “Scheme team: Attorneys share lessons learned from Bernie Madoff scandal”Business Observer Florida 03/11/19
Below is an excerpt:
It’s been a decade since the arrest of Bernie Madoff, the financier who perpetrated one of the most infamous and longest-running Ponzi scheme in history, defrauding investors of close to $18 billion.
After Madoff’s arrest in December 2008, lawyer Mark Kornfeld joined the Madoff Recovery Initiative's settlement committee and filed about 1,000 lawsuits related to the Madoff scheme, while his team helped recover more than $13 billion. He’s also one of just a handful of lawyers to have interviewed Madoff in federal prison, where the 81-year-old disgraced charlatan is serving a 150-year sentence.
Now Kornfeld is with Tampa-based Quarles & Brady LLP, where he and his new colleague, commercial litigator Jordan Maglich — who founded and runs Ponzitracker, an award-winning business law blog — have created something of an anti-Ponzi scheme knowledge base practice.