Madoff Victims

Madoff Scandal Still Hurting Charities One Year Later

AP | DAVID B. CARUSO | Posted 12.11.2009 | Business


NEW YORK — Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad. Hadassah, the century-old Jew...

Two Madoff Victims File Lawsuit Against The SEC

Reuters | Tom Hals | Posted 10.14.2009 | 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 10.14.2009 | 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 10.12.2009 | 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 11.28.2009 | 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 10.17.2009 | 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 09.05.2009 | 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...

Mass. Philanthropist Refunds Madoff Victims

AP | Posted 08.16.2009 | Business


BOSTON — A Massachusetts philanthropist who lost most of his personal fortune in the Bernard Madoff scandal has paid $5 million out of his own p...

Bernard Madoff and the Art of Financial Self-Delusion

Sheldon Filger | Posted 08.01.2009 | 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 07.31.2009 | 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: 150 Years Are Just the Start

Norb Vonnegut | Posted 07.30.2009 | 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?

Victims lash out at Madoff sentencing

AP | The Associated Press | Posted 07.30.2009 | Business


Excerpts from statements made by victims of Bernard Madoff's financial fraud. Madoff was sentenced to 150 years in prison Monday. "I was introduced t...

Madoff: More Money Laundering than Ponzi

Diane Francis | Posted 07.30.2009 | 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.

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

Posted 07.30.2009 | 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 Scandal Proves That Foundations Need Stronger Leadership

Aaron Dorfman | Posted 07.30.2009 | 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 Sentencing Scheduled For Today

AP | Posted 07.30.2009 | Business


NEW YORK (AP) -- Disgraced financier Bernard Madoff is due back in court today to hear his punishment for running a massive Ponzi scheme. Madoff's l...

What Bernie Madoff Couldn't Steal From Me

Matt Weinstein | Posted 07.25.2009 | 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 07.24.2009 | 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 07.16.2009 | 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 07.11.2009 | Business


Norb Vonnegut

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

Madoff Victims: It's Payback Time

Minyanville | Minyanville | Posted 06.28.2009 | Home


There’s now about $1.25 billion in the pot of money available to compensate the victims of Bernie Madoff’s fraud. Two hedge funds run by ...

Video: Madoff victims auction belongings

MSNBC | MSNBC | Posted 06.20.2009 | Home


May 20: Artwork from Picasso and Chagall are among items being put up for auction by people who lost money to Bernard Madoff's Ponzi scheme. WTVJ's Ni...

Madoff Trustee Starts 'Hardship Program' for Victims

nytimes.com | Posted 06.08.2009 | Business


The trustee charged with recovering assets for investors defrauded by Bernard L. Madoff has started a "hardship program" for individual victims to acc...

Lawsuit Claims JPMorgan Aided Madoff's Fraud

New York Times | DIANA B. HENRIQUES | Posted 05.25.2009 | Business


Victims of Bernard L. Madoff's Ponzi scheme have accused his banker, JPMorgan Chase, of aiding his crime by maintaining his checking accounts and trad...

Psychic: Bernie Madoff Victims Will Get Money Back... When He's Dead

New York Daily News | Joanna Molloy | Posted 05.21.2009 | Business


Concetta Bertoldi is a psychic medium who has good news for victims of Bernie Madoff: They may get their money back. The bad news: Not till he's dead....