Disgraced money manager Bernard Madoff has been ordered to provide a written list by the end of the year of his assets and liabilities, a key step in finding what is left for investors after authorities said Madoff admitted squandering at least $50 billion.
U.S. District Judge Louis L. Stanton signed an order late Thursday requiring the 70-year-old Madoff to provide a verified accounting of all his assets, liabilities and property to the Securities and Exchange Commission.
The directive was contained in an order that preserves a freeze of Madoff's assets, a directive put in place a week ago after authorities first filed charges against the former Nasdaq stock market chairman.
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