The bulk of its funds — about $2.2 billion — came from assets recovered from the estate of the late Jeffry Picower who was a Madoff investor, according to the department. Some of Madoff’s ...

In fact, at this point it has no ending. The latest twist came Sunday when philanthropist Jeffry M. Picower, 67, who is accused of earning about $7 billion from Madoff’s Ponzi scheme, was found dead ...