Trusting investors who were swindled by Bernie Madoff’s tempting promises of higher-than-market-rate returns are now reduced to fighting over what’s left of the con man’s $50 billion empire.

Irving Picard, the court-appointed trustee in charge of recovering money for Madoff victims, says he will file a wave of new “clawback” lawsuits against hundreds of individuals, including Madoff’s brother and sons, who withdrew more money than they invested before the firm collapsed in 2008 – when Madoff was arrested for fraud.