JPMorgan Chase Faces Sanctions For Refusing To Provide Madoff Documents

JPMorgan In Hot Water Over Madoff Scandal
In this Wednesday, Jan. 14, 2009 file photo, Bernard L. Madoff, the accused mastermind of a $50 billion Ponzi scheme, leaves Federal Court in New York. A book by Stephanie Madoff Mack, Madoffs daughter-in-law, The End of Normal: A Wifes Anguish, A Widows New Life goes on sale Thursday, Oct. 20, 2011. (AP Photo/Stuart Ramson, file)
In this Wednesday, Jan. 14, 2009 file photo, Bernard L. Madoff, the accused mastermind of a $50 billion Ponzi scheme, leaves Federal Court in New York. A book by Stephanie Madoff Mack, Madoffs daughter-in-law, The End of Normal: A Wifes Anguish, A Widows New Life goes on sale Thursday, Oct. 20, 2011. (AP Photo/Stuart Ramson, file)

The Treasury Department's inspector general has threatened to punish JPMorgan Chase & Co. (JPM) for failing to turn over documents to regulators investigating the bank's ties to Bernard Madoff's Ponzi scheme.

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