Shana Madoff

[9] In 2007,[10] she married Eric Swanson, a former Assistant Director of the Office of Compliance Investigations and Examinations at the U.S. Securities and Exchange Commission (SEC).

Marshals auctioned 420 lots of assets belonging to Shana Madoff and her father Peter, pursuant to a court order.

[22] In 2007,[10] she married Eric Swanson, a former Assistant Director of the Office of Compliance Investigations and Examinations at the U.S. Securities and Exchange Commission (SEC).

[26] Shana Madoff was also a compliance officer and attorney for Cohmad Securities, which was co-owned by her uncle and helped bring investors to BLMIS.

"[32] She is married to Eric Swanson, an attorney and a former Assistant Director of the Office of Compliance Investigations and Examinations at the SEC, the securities regulator, whom she met in April 2003.

[36] In February 2006, Swanson was emailed by Assistant Director John Nee that the SEC's New York Regional Office was investigating a complaint that Bernard Madoff might be running "the biggest Ponzi scheme ever".

[38][39] He did conclude, however, that: "Swanson's communication with Shana during the period of time he was engaged in a cause examination of her uncle and father's firm, created the appearance of a potential conflict of interest.

[6][33][42][43] In 2008, Bernard Madoff spoke at a business roundtable meeting of his "very close" relationship with an SEC lawyer, and chuckled: "my niece even married one".

[26][32] As part of her father's forfeiture deal with the Justice Department, the $2.3 million in proceeds from selling Shana's five-bedroom East Hampton house was surrendered.

In October 2009, court-appointed trustee Irving Picard charged in a civil lawsuit that she played a role in filing a January 2008 form that inflated the assets that the Madoff firm in fact had.

"[26] Columbia Law School Professor John Coffee, referring to Shana and her cousin Andrew, said: "The prosecutors ... have done the low-hanging fruit; they are now reaching to the medium-level fruit… Beyond the two kids, I do not know how much farther they will want to go.