Madoff trustee hits SEC's top attorney with suit

Madoff trustee hits SEC's top attorney with suit | Reuters: "The lawsuit, filed late last year by Madoff trustee Irving Picard, targets the SEC's departing General Counsel David Becker along with his brothers William Becker and Daniel Becker. All three are co-executors of their mother Dorothy Becker's estate. Dorothy Becker passed away in June 2004.

According to the lawsuit filed in federal court in New York, the Becker estate received a little over $2 million since December 11, 2002 from Bernard L. Madoff Investment Securities LLC.

'The trustee's investigation has revealed that $1,544,494 of this amount was fictitious profit from the Ponzi scheme,' the suit says. 'Accordingly, defendants have received $1,544,494 of other people's money.'"