The co-liquidator of the biggest feeder fund for Bernard L. Madoff Investment Securities says some investors in the Fairfield Sentry funds had knowledge of the massive financial fraud and profited as a result.

FORBES: EXCLUSIVE: Some Fairfield Investors Knew About Madoff Ponzi and Profited

Siedle believes that the feeder funds investing with Madoff "were all aware that Bernard L. Madoff was engaging in illegal conduct ... and intentionally chose to participate in and support Madoff's illegal conduct to reap enormous illicit financial benefits, " according to the affidavit.

FORBES: Judge Freezes Madoff Assets