Saturday’s auction of 170 items owned by arch-fraudster Bernard Madoff and his wife exceeded its expected haul, but that money is barely a drop in the bucket for the Ponzi schemer’s victims.
Two computer programmers who once worked for Bernard Madoff’s firm have been arrested and charged with giving Madoff the technical capacity to run his Ponzi scheme.
Swiss authorities have charged the former head of Banco Santander’s fund of hedge funds arm with criminal mismanagement for his role in investing client funds with Bernard Madoff.
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.”
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According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...