Irving Picard - USD 1 billion. In the cum-ex scandal in Europe, the preliminary estimated amount of fees for attorneys just in Denmark is USD 700 million where the amount of the fraud was USD 1.7 billion. Tell your kids to get a law degree. The one who paid the highest price... his oldest son.
%% NOT sure i would call the scam losers ''winners''\ but DOJ+other lawyers recoverd 80+/,%. Strange 80-20% rule again[ duck duck go source + related]
It is the estimated lawyer fees for pursuing the case regarding the tax revenue taken from the state of Denmark in the cum-ex scandal. In doing so Denmark pays lawyers in several countries. However, revenue taken from other countries will have their own lawyer fees.
https://money.cnn.com/2013/05/06/news/companies/madoff-picard-lawyers/index.html#:~:text=Picard alone makes $890 per,searched for the lost funds. Post a link if you think the above is incorrect.