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Bernie Madoff Victims

Madoff Victims' Payout Nears $7.2 Billion, Trustee Says

Reuters | Posted 02.22.2015 | Business

By Joseph Ax NEW YORK, Dec 22 (Reuters) - Victims of Bernard Madoff's massive Ponzi scheme will get a fresh $322 million payout if a ...

LOOK: Museum of Crime & Punishment's Bernie Madoff Exhibit

The Huffington Post | Will Wrigley | Posted 05.17.2013 | DC

Oh, Bernie. How we've missed you. Your Ponzi scheme. The money laundering. The perjury. It's a long time until 2139 when we'll be able to see you o...

Madoff: 'The Banks Had To Know What I Was Doing'

Posted 09.19.2014 | Business

Big banks had to know Bernie Madoff was running a Ponzi scheme, according to Bernie Madoff. In an email penned from jail, one of the biggest Ponzi...

Steroids, Stocks and Too Good to Be True

Karen Firestone | Posted 03.19.2013 | Business
Karen Firestone

We need to consider when results, whether for cyclists, pitchers, runners, fund managers, or public companies are perhaps too good to be true and how we might look for the signs.

Madoff Victims Get Huge Lump Of Cash

Reuters | Posted 11.20.2012 | Business

* Payout goes to 1,230 former customers * Payout will raise total recovery to $3.63 billion By Jonathan Stempel ...

'The Results Are Disturbing'

Reuters | Posted 10.20.2012 | Business

* Problems found in all 23 audits that inspectors checked * Regulators tighten scrutiny after Madoff By Dena Aubin ...

Madoff Trustee Seeking Hundreds Of Millions From Swiss Banks

Reuters | Posted 08.06.2012 | Business

* Hundreds of millions of dollars sought from private banks * Banks said to receive transfers from Madoff feeder funds *...

Madoffs Hit With Huge Lawsuit Over Claims They Should Have Caught Ponzi Scheme

Reuters | Posted 05.07.2012 | Business

May 7 (Reuters) - Members of Bernard Madoff's family were hit with an expanded $255.3 million lawsuit, saying they should have caught the patriarch'...

SEC Disciplined Employees For Not Stopping Madoff Fraud: Report

Posted 01.11.2012 | Business

The Securities and Exchange Commission disciplined seven employees over their failure to stop Bernard Madoff's Fraud, according to The Washington Post...

Judge Tosses Madoff Victims' Suit Agaist JPMorgan Chase

Posted 01.02.2012 | Business

A federal judge threw out most of a $19.9 billion lawsuit against JPMorgan Chase & Co and a $2 billion case against UBS AG by the trustee seeking ...

Madoff: I 'Can Live' With Victims' Anger

Posted 12.27.2011 | Business

Bernard Madoff -- the man convicted of swindling billions from clients worldwide -- said he's more concerned with how his crimes affected his family t...

The End of Normal

Stephanie Madoff Mack | Posted 10.21.2011 | Women
Stephanie Madoff Mack

I worry about the years, and questions, yet to come. Audrey doesn't remember her grandfather; Nick never knew him. I will tell them what he did to so many innocent people, and how he drove their father to his death.

The 5 Biggest Wall Street Scams of All Time

InvestingAnswers | Posted 12.06.2011 | Business

There are only a few things you can count on in the world: death, taxes and Wall Street scams. Here are five of the biggest Wall Street scams of all time.

Ex-SEC Lawyer Says He Got OK To Work On Madoff Fund

AP | By MARCY GORDON | Posted 11.23.2011 | Business

WASHINGTON -- The head of the Securities and Exchange Commission is facing increased scrutiny from lawmakers after a former top commission official sa...

Bernie Madoff Claims Harvard Wants Him To Teach Ethics

Posted 10.26.2011 | College

Bernie Madoff really wants to get into academia. The Ponzi schemer, who is now spending lots of time in federal prison, claimed that Harvard is int...

Former Madoff Employee Admits To Falsifying Records

Posted 08.06.2011 | Business

NEW YORK (Grant McCool) - A former employee at convicted financier Bernard Madoff's firm admitted to adding fake employees to the payroll, part of...

Madoff Victims To Get Up To $500 Million From Swiss Bank

AP | The Associated Press | Posted 05.25.2011 | Business

NEW YORK — A private Swiss bank has agreed to pay up to $500 million to investors defrauded by Bernie Madoff. The trustee appointed to recover ...

Who's Done More Damage, Bernard Madoff or Alan Greenspan?

John Robbins | Posted 05.25.2011 | Business
John Robbins

Madoff lived high and mighty as a billionaire as long as he kept his Ponzi scheme afloat. Greenspan was revered as long as he kept the party going for the ultra-rich, as long as he kept one bubble after another inflated.

Madoff Victim Sells Penthouse At $4 M. Discount to Dutch Artists

The New York Observer | Laura Kusisto | Posted 05.25.2011 | New York

Dorris Carr Bonfigli is the perfect Manhattan socialite: beautiful, charming and terribly unlucky. One of Bernie Madoff's victims, Ms. Bonfigli listed...

Suit: Mets Owners To Blame For Madoff-Related Losses

AP | LARRY NEUMEISTER | Posted 05.25.2011 | New York

NEW YORK — The owners of the New York Mets should be held accountable for letting their workers put more than $16 million in 401(k) assets into ...

Frank DiPascali, Madoff's Ex-Finance Chief, Released On Bail In NYC

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — The former finance chief for jailed financier Bernard Madoff was released on $10 million bail Tuesday, months after he admitted his r...

Bernie Madoff Still Hiding $9 Billion, Says Inmate

Posted 05.25.2011 | New York

Does disgraced Ponzi king Bernie Madoff really have billions of dollars squirreled away? That's what one fellow prisoner is claiming. The New York P...

Fred Wilpon, Mets Owner, Made Money Off Bernie Madoff | Posted 05.25.2011 | New York

Talk about getting caught in a jam. After watching his team go down to defeat this season, Mets owner Fred Wilpon now faces potential "clawback" suit...

Two Madoff Victims File Lawsuit Against The SEC

Reuters | Tom Hals | Posted 05.25.2011 | Business

Two victims of Bernard Madoff's Ponzi scheme filed a federal lawsuit against the U.S. Securities and Exchange Commission on Wednesday, seeking at leas...

Madoff's Motto: "F*ck My Victims" (VIDEO)

Posted 05.25.2011 | Business

The Wall Street Journal passes along this video profile of K.C. White, a fellow inmate of Bernie Madoff's at the Butner Federal Correctional Complex i...