TRUSTEE ORDERS FREEZE ON ACCOUNTS OF FORMER MADOFF CLIENT
The trustee for Madoff’s gigantic ponzi scheme, Irving Picard, has asked courts for an immediate freeze of assets related to Stanley Chais, a former Madoff client. The move comes after Mr. Chais, seeking access to his funds, accused Mr. Picard of attempting to seize his assets before proving in court that he had the right to take it. He cited a secret letter sent by the trustee to Goldman Sachs, ordering it to freeze Mr. Chais’s account there.






