Mr. Picard seeks to recover nearly $300 million in what he calls "fictitious profits" and about $700 million in principal that he says Messrs.
In addition to $300 million in what he called "fictitious profits," the trustee is seeking return of their principal invested with Madoff.
He had termed the men "net winners" - Picard charged that over their years of investing they had taken out more money than they had invested with Madoff - and was seeking $300 million in what he called "fictitious profits."
In satire we are allowed to see ourselves in fictitious or anonymous constructs of real people (Cretinous van Poopypants, anyone?).
Finally, she used her VA credit card to charge the VA for $244,380 in fictitious goods and services, payable to the fictitious business account controlled by defendant.