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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 ...

Madoff Victims Look To Recoup Additional $2.35 Billion

Reuters | Posted 01.25.2014 | Business

By Jonathan Stempel NEW YORK, Nov 18 (Reuters) - Thousands of victims of Bernard Madoff's fraud, including many who have so far recove...

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 mone...

Can Anyone Stop the Next Madoff?

Jeff Prosserman | Posted 10.25.2011 | Business
Jeff Prosserman

In late 1999, Boston-based securities analyst Harry Markopolos discovered Bernard Madoff was running the largest Ponzi scheme in world history. His team pursued the truth for nearly a decade, only to find no one would listen.

Madoff Trustee Triples Size Of JPMorgan Lawsuit

Posted 08.25.2011 | Business

NEW YORK (Jonathan Stempel and Jochelle Mendonca) - The trustee seeking money for Bernard Madoff's victims is now demanding $19 billion in damages fro...

Peter S. Goodman

Mets Owner's Message: "I'm Too Stupid to Have Known About Madoff"

HuffingtonPost.com | Peter S. Goodman | Posted 07.24.2011 | Business

You all have New York Mets owner Fred Wilpon wrong. Yes, his comments to the New Yorker magazine, in which he denigrates his primary assets -- his...

Madoff Trustee: Lawsuits Delaying Money For Victims

Posted 05.25.2011 | Business

NEW YORK (By Jonathan Stempel) - The trustee seeking to recover money for investors victimized by Bernard Madoff's Ponzi scheme said he hopes to begin...

JPMorgan Slams Madoff Trustee, Demands Trial

Posted 05.25.2011 | Business

(By Jonathan Stempel) JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of doing an end run ar...

Madoff Victim Alexandra Penney On Why Losing Everything Wasn't So Bad: 'The Bag Lady Papers' (VIDEO)

Posted 05.25.2011 | Books

Madoff victim Alexandra Penney, the former editor of Self Magazine, has written a book, "The Bag Lady Papers," on why her experience of losing everyth...

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...

Video: Madoff Victims Sue SEC

MSNBC | MSNBC | Posted 05.25.2011 | Home

Madoff victims are suing the SEC, and John Oleske, a securities litigator at Herrick Feinstein, the firm filing the suit, talks to CNBC. (CNBC)...

The Madoff Victims Who Came to Dinner

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Nino Selimaj offered Madoff's victims free meals for an entire week at one of his seven city Nino's restaurants where the average dinner check, with wine, runs between $85 and $95 per person.

Madoff Trustee Irving Picard: Let Madoff's Sons Go Bankrupt (VIDEO)

Posted 05.25.2011 | Business

The man in charge of unwinding Bernie Madoff's massive Ponzi Scheme appeared on 60 Minutes last night, in one of his first major public appearances. (...

Madoff Sons May Pay For His Sins: Trustee Seeks Millions On Behalf Of Victims

CBS News | Font Size | Posted 05.25.2011 | Business

CBS News has learned the court-appointed trustee overseeing the Madoff case is ready to up the ante on behalf of victims. Trustee Irving Picard is po...

Madoff Victims Receiving IRS Refunds

wsj.com | ARDEN DALE | Posted 05.25.2011 | Business

The Internal Revenue Service has begun to send refund checks to Madoff investors who paid taxes on money they thought they had made before the massive...

Bernard Madoff and the Art of Financial Self-Delusion

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Among the multitude of Madoff clients who were literally picked clean of their life savings, I was struck by the contradiction between their apparent intelligence and acute naiveté.

150 Years

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

The 150-year sentence is headline grabbing, but what should surprise us is not that Madoff got such a long sentence, but that other corporate criminals escape with no criminal prosecution at all.

Madoff Victims Speak Out At Sentencing (VIDEO) (UPDATED)

Posted 05.25.2011 | Business

Bernard Madoff was sentenced to 150 years in prison earlier today, a maximum sentence. In front of the Manhattan courthouse, Madoff victims spoke out....

Madoff: 150 Years Are Just the Start

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

If the system is broken, can Madoff victims expect just solutions? And since when do umpires share in the spoils of victory?

Madoff Scandal Proves That Foundations Need Stronger Leadership

Aaron Dorfman | Posted 05.25.2011 | Business
Aaron Dorfman

The foundations that had the poor judgment to invest with Mr. Madoff share one thing in common: they all were governed by small, homogeneous boards of trustees.

Madoff: More Money Laundering than Ponzi

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Madoff is more than just a sociopath. Too much of this story doesn't hang together and he was too functional in other aspects of his existence.

What Bernie Madoff Couldn't Steal From Me

Matt Weinstein | Posted 11.17.2011 | Healthy Living
Matt Weinstein

Some genuine "wealth" in our lives is always created when we reach out to each other, when we make connections with each other, when we form a community together in times of crisis.

Get Rich and Destroy Lives -- The Bernie Madoff Way!

David Misch | Posted 05.25.2011 | Comedy
David Misch

Life isn't about the day you die; it's about making money every second till you're arrested. Now, in just 6 easy steps, you can live just such an enchanted life: the Bernie Madoff Way!

Madoff Victims Statements: READ The Entire Document

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

141 pages of misery. Today, New York City prosecutors filed a collection of statements from victims of Bernie Madoff that will make your head spin. ...

Madoff Leftovers

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Madoff victims don't need a cook. They need Solomon to sort through these complicated issues of law and fairness.