Madoff Ponzi Scheme

Madoff Walks Into Courthouse (VIDEO)

Huffington Post | Posted 04.12.2009 | Business


Below is a video of Bernie Madoff entering a Manhattan court Thursday to plead guilty to a massive fraud cause involving tens of billions of dollars. ...

Madoff sent to jail as furious victims applaud

AP | LARRY NEUMEISTER and TOM HAYS | Posted 04.12.2009 | Business


NEW YORK — Careful to blame only himself, a "deeply sorry and ashamed" Bernard Madoff pleaded guilty Thursday to pulling off what could be the b...

Madoff's Guilty Plea Scam

Earl Ofari Hutchinson | Posted 04.11.2009 | Business


Earl Ofari Hutchinson

Bernie Madoff may have one last scam in him. And this one may be the biggest and most infuriating of all. He may sleaze his way out of rotting away his last days in prison.

Ruth Madoff, Kids Targets Of Probe, Bernie Not Cooperating: Report

The Daily Beast | Lucinda Franks | Posted 04.11.2009 | Business


Two days before Bernard Madoff enters an 11-count guilty plea in Manhattan federal court, the investigation into his giant Ponzi scheme has broadened ...

What Does $170 Billion Get You?

Huffington Post | Marcus Baram | Posted 04.10.2009 | Business


With the massive numbers that make up the news coverage of the financial crisis - from the $2 trillion bailout to Obama's $75 billion mortgage plan - ...

Madoff To Plead Guilty To 11 Counts, Could Mean 150 Years In Prison

AP/Huffington Post | LARRY NEUMEISTER and TOM HAYS | Posted 04.10.2009 | Business


UPDATE: According to a letter sent by federal prosecutors to Madoff's attorney, Ira Lee Sorkin, the government seeks a stunning maximum $170.8 billion...

Madoff Victims Payout: 12 To Receive $500,000 Checks

Huffington Post | Julie Satow | Posted 04.09.2009 | Business


Irving H. Picard, the trustee overseeing the liquidation of Madoff's assets, has sent 12 checks to unnamed victims of the alleged fraud for $500,000 e...

Madoff's Fake Trading Tickets

thestreet.com | Posted 04.09.2009 | Business


A longtime aide to disgraced financier Bernard Madoff instructed two assistants to generate trading tickets, now believed to be bogus, for Madoff's in...

Madoff Victims' Day In Court: Judge Invites Them To Testify

AP | LARRY NEUMEISTER | Posted 04.07.2009 | Business


NEW YORK — Bernard Madoff could soon find himself in a courtroom with some of the same devastated investors who he is accused of ripping off in ...

Madoff Plea Deal May Be In The Works

Huffington Post | Julie Satow | Posted 04.06.2009 | Business


***UPDATE 8:50pm*** The New York Times reports that Madoff is expected to plead guilty at a plea hearing next Thursday. The AP has more details on F...

Madoff's Ponzi Scheme: $50 Billion Figure May Be Fictitious

AP | TOM HAYS and LARRY NEUMEISTER | Posted 04.06.2009 | Business


NEW YORK — Bernard Madoff and $50 billion. His name and that number have become inseparable in describing the enormity of what has been called t...

Bernie Madoff Victims Speak Out (VIDEO)

Huffington Post | Julie Satow | Posted 04.04.2009 | Business


Vanity Fair is featuring video by Stephen Wilkes of a handful of Bernard Madoff's many victims telling their stories. There is the "penniless" Mau...

Madoff's Universe Exposed: A Peek Into Bernie's World

Vanity Fair | Mark Seal | Posted 04.04.2009 | Business


Among Bernard Madoff's many dupes were his closest friends, including two tycoons he loved as surrogate fathers: the late Norman F. Levy--whose girlfr...

Can We Trust Government to Get Regulation Right?

Jamie Court | Posted 04.03.2009 | Business


Jamie Court

President Obama's SEC and entire regulatory structure needs to be far better. Consumers cannot wait.

Stanford, Madoff Scandals Show Need for Campaign Finance Reform

Duncan Quirk | Posted 03.26.2009 | Politics


Duncan Quirk

Senators and Representatives are elected to represent their constituents, so why should Madoff and Stanford and others be allowed to donate to campaigns for which they are not constituents?

Obama: Madoff Behind Bars

Steve Rosenbaum | Posted 03.24.2009 | Politics


Steve Rosenbaum

President Obama, I have to ask, why isn't Bernie Madoff behind bars?

Madoff's Victims: Their Exact Locations Around The Globe

Zero Hedge | Tyler Durden | Posted 03.09.2009 | Business


...

Madoff Victim List Includes Over 2 Dozen Chicagoans

The Huffington Post | Ben Goldberger | Posted 03.08.2009 | Chicago


More than two dozen Chicagoans are among the thousands of individuals and companies listed as customers of Bernard Madoff's firm, according to reports...

Bernie Madoff's Office Photos (SLIDESHOW, VIDEO)

Huffington Post | Julie Satow | Posted 03.06.2009 | Business


Fox Business raises the blinds on Bernie Madoff's notorious three-floor offices in Midtown Manhattan's Lipstick Building. In addition to the photos,...

Spain's Banco Santander Offers Madoff Victims Reimbursement

AP | DANIEL WOOLLS | Posted 02.28.2009 | Business


MADRID — Spain's Banco Santander offered euro1.3 billion ($1.7 billion) Tuesday to reimburse clients who lost money in New York financier Bernar...

Bernard Madoff's Double Life Examined

New York Times | JULIE CRESWELL and LANDON THOMAS Jr. | Posted 02.24.2009 | Business


TO some, Bernard L. Madoff was an affable, charismatic man who moved comfortably among power brokers on Wall Street and in Washington, a winning finan...

The Silver Linings: the Madoff Tax Credit

Edward Jay Epstein | Posted 02.22.2009 | Business


Edward Jay Epstein

To the extent that Madoff's investors paid taxes on false capital gains, they are owed tax refunds -- with interest; investors may deduct billions worth of their loss against other income.

Zsa Zsa Gabor "Heartbroken" After Losing Fortune To Madoff: Report

RadarOnline.com | Posted 02.22.2009 | Business


Fraudulent investor Bernie Madoff may have made his worst enemy of all when he stiffed screen legend Zsa Zsa Gabor in his $50 billion 'Ponzi' scam. ...

Frank DiPascali Jr., Madoff Lieutentant, Point Man For Prosecutors

Reuters | Posted 02.21.2009 | Home


(Reuters) - Frank DiPascali Jr, a key lieutenant of Bernard Madoff, is a potential point man in the investigation of the alleged fraud Madoff ran for ...

Madoff Victims Include Teacher, Street Vendor

Bloomberg | Charles Penty and Esteban Duarte | Posted 02.21.2009 | Business


Jan. 21 (Bloomberg) -- Banco Santander SA sold Bernard Madoff investments to a teacher and a street vendor, not just to wealthy private banking client...