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Madoff fund to get large boost

City A.M. Reporter
BILLIONS of dollars will soon be added to the money recovered by the trustee leading the global search for assets from convicted swindler Bernard Madoff's fraud, according to a court document filed yesterday.

The document indicated the heirs and trusts of late investor and philanthropist Jeffry Picower, a longtime friend of Madoff who was found dead in his Florida swimming pool last October, would settle a claim by the trustee that would produce a “substantial” sum for the Madoff victims.