The trustee seeking money for victims of Bernie Madoff's Ponzi scheme sues JPMorgan Chase (JPM)...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

The trustee seeking money for victims of Bernie Madoff's Ponzi scheme sues JPMorgan Chase (JPM) for more than $6B, claiming the bank enabled his multibillion-dollar fraud. The lawsuit is the latest salvo by Irving Picard, who has filed a flurry of cases in recent days seeking to claw back improper profits from the fraud.