iOS app Android app

Madoff Fraud

Thierry Magon de la Villehuchet, Madoff Investor Who Committed Suicide, Lost Family Fortune

AP | GREG KELLER | Posted 05.25.2011 | Business

PARIS — Rene-Thierry Magon de la Villehuchet saw his fortune and his loved ones' money disappear along with his clients' when he lost $1.4 billi...

Liliane Bettencourt, World's Wealthiest Woman, Among Madoff's Victims

Bloomberg/Huffington Post | Posted 05.25.2011 | Business

The epic Madoff fraud saga appears to have added another high profile name to its list of victims. Both Bloomberg and the Times of London are reportin...

Doubts Growing Over Whether Madoff Acted Alone

AFP | Marine Laouchez | Posted 05.25.2011 | Business

As a probe intensifies into Bernard Madoff, doubts are growing on whether the now-infamous Wall Street investment manager could have committed a recor...

Ponzi Estate Sues Madoff Federal Prosecutors For Slander

Steve Young | Posted 05.25.2011 | Business
Steve Young

Family of Famed Pyramid Schemer Loses Millions In Madoff Fraud A spokesman for the Charles Ponzi estate revealed that the Ponzi family had lost unto...

Madoff's Ponzi Scheme Could Cost IRS $17 Billion In Lost Tax Revenue

AP | RACHEL BECK | Posted 05.25.2011 | Business

NEW YORK — Even Uncle Sam may get burned by Bernard Madoff. Investors who lost their fortunes in Madoff's alleged Ponzi scheme will end up payi...

The Psychology Behind Bernie Madoff

Mona Ackerman | Posted 11.17.2011 | Healthy Living
Mona Ackerman

Q: I don't understand the Bernie Madoff situation? I know it has been written about and discussed, but I don't understand how a person can do such...

Madoff Unmasked: The Cry of the Snookered Investor

Rick Horowitz | Posted 05.25.2011 | Business
Rick Horowitz

Who does this to people? Who takes families' life savings, everything they built up over all the years and years, everything they need for later, and just takes like a thief until there's nothing?

Christopher Cox Blasts Own Department For Missing Madoff Scheme

AP | PETE YOST and MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The fraud investigation of Wall Street money manager Bernard L. Madoff took unusual twists Wednesday as the U.S. attorney general r...

Is Gordon Gekko Right?

Byron Williams | Posted 05.25.2011 | Business
Byron Williams

In the case of Bernard Madoff, the financial bottom line became the exclusive demarcation between genius and unlawful and immoral acts.

The Ripple Effects of the Madoff Scandal -- and What We Can do to Help

Maddy deLone | Posted 05.25.2011 | Politics
Maddy deLone

In a time when many wonder what the public can do to help address the national economic uncertainty, the Bernard Madoff scandal brings at least part of the answer: Donate today.

Madoff Ponzi Scheme Concerns Limit European Gains

AP | PAN PYLAS | Posted 05.25.2011 | Business

LONDON — European and U.S. stock markets fell modestly on Monday despite earlier Asian gains, as sentiment was dented by an alleged $50 billion ...

Are Walter Noel and Andres Piedrahita of Fairfield Victims of Bernard Madoff?

Martin Varsavsky | Posted 05.25.2011 | Business
Martin Varsavsky

After a telephone conversation with Andres, I heard that he and many family members including his father-in-law lost enormous amounts of their personal net worth in Madoff's Ponzi scheme.

Madoff Made Smart Folks Look Dumb

Wall Street Journal | Gregory Zuckerman | Posted 05.25.2011 | Business

Bernard L. Madoff is alleged to have pulled off one of the biggest frauds in Wall Street history. But there were multiple red flags along the way, inc...

Thousands Of Investors Face Serious Losses Following Madoff Fraud

New York Times | ALEX BERENSON and DIANA B. HENRIQUES | Posted 05.25.2011 | Business

For years, investors, rivals and regulators all wondered how Bernard L. Madoff worked his magic. But on Friday, less than 24 hours after this promine...

Bin Laden Latest Madoff Casualty

Andy Borowitz | Posted 05.25.2011 | Business
Andy Borowitz

The alleged Ponzi scheme of New York investment manager Bernie Madoff has claimed yet another victim, as al-Qaeda kingpin Osama bin Laden today revealed that he lost over $1 billion in the fraud. Making the rueful announcement in the form of a video, speaking from what appeared to be a cave, the terrorist said that he had invested with Mr. Madoff because the investment wiz had promised an annual return of ten percent, adding, "Now I don't know who to trust." He remained vague about how he had first made contact with Mr. Madoff, saying only that they had a mutual friend at a Palm Beach country club.