Connecticut judge ordered Walter M. Noel Jr., Mark and Andrew Madoff from selling off their assets

The town of Fairfield, Connecticut, pension programs have been granted a temporary restraining order barring Ponzi schemers Mark and Andrew Madoff from selling ALL their assets including their Greenwich homes.

Judge Arthur Hill granted the motion yesterday and scheduled an April 12, hearing in Bridgeport Superior Court.

The town is hoping to recuperate some of its $42 million pension fund that was loss with Madoff through an investment with Maxam Capital in Darien, Connecticut.

Greenwich resident Walter M. Noel, Jr., a partner in the Fairfield Greenwich Group, was also named as a defendant in the restraining order.

Other defendants named are:

Bernard and Ruth Madoff

Peter Madoff

Andres Piedrahita (Peter’s son-in law)

Sandra L. Manske, the founder of Maxam Capital,

Robert I. Schulman, the former chairman of Tremont Group Holding

 Jeffrey H. Tucker, another co-founder of the Fairfield Greenwich Group

 Tremont Partners Inc.,

Tremont Group Holdings Inc.,

Oppenheimer Acquisition Corp.,

Maxam Capital Group LLC

Maxam Capital Management Ltd

The motion that was filed by the town’s attorney, David Golub said, “There is a reasonable likelihood that the defendants Andrew H. Madoff, Mark D. Madoff and Walter M. Noel Jr., are about to remove themselves or their property from this state, or are about to fraudulently dispose of or have fraudulently disposed of their property, with intent to hinder, delay or defraud their creditors.”