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Bernie Madoff Ponzi Scheme

Madoff: JPMorgan Knew About Ponzi Scheme

Reuters | Posted 02.20.2014 | Business

By Jonathan Stempel NEW YORK (Reuters) - Two senior officials at JPMorgan Chase & Co and predecessor companies repeatedly confronted Bernard Madoff...

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...

Madoff Blasts Wall Street Practice In Letter From Jail

Posted 01.14.2013 | Business

If you ask Bernie Madoff, Wall Street has a major pay problem on its hands. In a letter to CNBC from prison, the infamous Ponzi schemer wrote that...

Mark Gongloff

Bernie Madoff Shares Thoughts On Modern Finance

HuffingtonPost.com | Mark Gongloff | Posted 12.26.2012 | Business

Bernie Madoff's primary occupation of being a prison inmate has apparently lost its thrill because he's taken up a new hobby: opining on the state of ...

Peter Madoff Gets 10 Years In Prison For Role In Ponzi Scheme

Reuters | Posted 12.20.2012 | Business

NEW YORK, Dec 20 (Reuters) - Peter Madoff will serve 10 y ears in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.S. ...

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 ...

Environmental Ethics: Bernie Madoff's Pyramid Scheme Is an Important Lesson

Michael Zacka | Posted 10.01.2012 | Business
Michael Zacka

Many consumers assume that less packaging or no packaging is always the best answer for the environment. That may be true of most products, but there are reasons food packaging is different.

Bernie Madoff's Brother Charged With Fraud

Reuters | Posted 08.29.2012 | Business

WASHINGTON, June 29 (Reuters) - The U.S. Securities and Exchange Commission charged Bernard Madoff's younger brother Peter Madoff on Friday with fra...

FBI Arrests Bernie Madoff's Brother

Reuters | Posted 08.29.2012 | Business

* Peter Madoff agreed to accept 10-year prison term * Pleads guilty to conspiracy, falsifying records * Peter Madoff say...

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 *...

No One Wants To Rent To Bernie Madoff's Son

Posted 06.04.2012 | New York

No one will rent an apartment to Andrew Madoff and his fiance, Catherine Hooper, The New York Post reports, even when the two are willing to drop $20,...

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 Ramping Up Efforts To Stop Hedge Fund Fraud

The Huffington Post | Alexander Eichler | Posted 12.28.2011 | Business

Memo to hedge fund managers: It's a bad time to try to overachieve. The Securities and Exchange Commission is cracking down on hedge fund fraud, and t...

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 5 Biggest Wall Street Scams of All Time

InvestingAnswers | Posted 12.06.2011 | Business
InvestingAnswers

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.

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...

Bernie Madoff: I'm A Victim

Fox Business | Posted 10.25.2011 | Business

In Madoff’s mind, his phony investment business, which he began in the late 1980s, doesn’t fully explain his contribution to modern financial serv...

Ruth Madoff Dumps Incarcerated Husband: Report

The Huffington Post | Ashley Reich | Posted 10.15.2011 | Divorce

Ruth Madoff, who stood by her disgraced husband Bernie despite his $65 billion Ponzi scheme and 150-year prison sentence, is cutting ties to him now i...

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...

Robert De Niro Taking On Epic Criminal

Posted 07.13.2011 | Entertainment

Robert De Niro has played plenty of law-breakers in his illustrious career, but they all seem like petty thieves compared to the king of organized cri...

Professor?

Posted 06.11.2011 | College

Bernie Madoff, professor? Madoff, who in 2008 was convicted of running the largest Ponzi scheme in American history and is now serving a life sentence...