Bernard Madoff’s accountant has struck a deal with federal prosecutors, admitting that he played a role in the $65 billion Ponzi scheme.

Frank DiPascali, the CFO of Bernard Madoff’s $65 billion Ponzi scheme, has been cooperating with the authorities in a bid for leniency.

Jeffry Picower, the billionaire philanthropist and big Bernard Madoff investor, died after suffering a massive heart attack in his Palm Beach, Fla., pool, the medical examiner has ruled.

The New York Mets didn’t win much on the baseball field this year.

He didn’t care very much about the markets when he was allegedly investing tens of billions of dollars, but safely ensconced behind bars, there’s apparently nothing that makes Bernard Madoff angrier.

The court-appointed trustee in the Bernard Madoff case made good on his threat Friday, suing four of the arch-fraudster’s family members for nearly $200 million.

Accused hedge fund fraudster Arthur Nadel has often been dubbed a “mini-Madoff.”

Bernard MadoffDespite predictions to the contrary, no members of arch-fraudster Bernard Madoff’s family have been criminally charged in connection with his $65 billion Ponzi scheme. But that isn’t keeping the court-appointed trustee in the case from going after their alleged share of Madoff’s ill-gotten gains, even if it means “bankrupting them.”

Irving Picard and his deputy, David Sheehan, said they would sue Madoff’s two sons, brother and niece this week in a "60 Minutes" interview yesterday.

A newly-released transcript of a phone call between Bernard Madoff and a feeder hedge fund offers new details of how the arch-fraudster escaped detection for so long.

After balking at a proposed settlement with Fairfield Greenwich Group last month, Massachusetts accepted a slightly richer offer from the Bernard Madoff feeder fund, it said this week.