U.S. Marshals Service

Suit Says U.S. Marshals Mishandled Forfeiture Of Madoff Assets

Ryan J. Reilly | December 28, 2010, 9:52AM

A government whistleblower charges that the 73-year-old man the U.S. Marshals Service put in charge of auctioning off the property forfeited by white-collar criminals, including Bernie Madoff, undervalued what could be millions of dollars in assets.

Leonard Briskman, the man in charge of the Marshals unit and the Asset Forfeiture Program, is accused of selling the assets without public notice or competitive bidding, finding buyers through business contacts and maintaining a secret bank account not accessible to government auditors, the New York Times reported.

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