Report: Trustee wants $1 billion

Updated: February 6, 2011, 9:42 AM ET
By Adam Rubin | ESPNNewYork.com

The trustee seeking to recover funds for victims of convicted swindler Bernard Madoff's Ponzi scheme wants $1 billion from the owners of the New York Mets, according to The New York Times.

On Friday, U.S. Bankruptcy Court judge Burton R. Lifland unsealed a lawsuit originally filed in December naming Mets owners Fred Wilpon, Jeff Wilpon and Saul Katz as defendants.

"What the trustee is looking for here is a payment in cash," attorney David Sheehan, who leads Irving Picard's legal team, ...

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