Scam Artist Makes Offer For Madoff Securities That'd Make Bernie Proud
The Post reports that Irving Picard, the court-appointed trustee overseeing the liquidation of Ponzi Nation, has received a $100 trillion offer for Big Bern's baby. It comes from Ade Ogunjobi, who put an "all stock tax free transaction involving $100 trillion in stock or 400 million shares" of his company, Toks Inc on the table. Picard, who never likes to have any fun, characterized the plan as "replete with credible and unfounded statements" with "no facts to back up the deal" and requested that Manhattan bankruptcy Judge Burton Lifland dismiss the offer, and GTFO. For his part, Ogunjobi apparently told the Post that he is dead serious and will be in court the scheduled June 2 hearing, which we appreciate.