Latest Madoff Stories
Frederickjames.com, a website that sells eco-friendly customized iPad covers, has created a limited edition Bernard Madoff Collection made from his pants bought at the U.S.
Documentary Helps Viewers Avoid Becoming Victims PITTSBURGH, Pa., Nov. 5, 2010 /PRNewswire-USNewswire/ -- Bernie Madoff. Everyone knows his name. He conned investors out of billions of dollars.
NEW YORK, Nov. 13 /PRNewswire-USNewswire/ -- Preet Bharara, the U.S. Attorney for the Southern District of New York, Joseph M. Demarest, Jr., the Assistant Director-in-Charge of the New York Field Office of the FBI, Alan D.
U.S. Securities and Exchange Commission investigator H. David Kotz has recommended 58 steps to tighten enforcement in the wake of the Bernard Madoff scandal. For thousands of investors, Ponzi scheme operator Bernard Madoff represents a $65 billion crime, not a scandal.
Convicted swindler Bernard Madoff's beach house on New York's Long Island sold for more than the $8.75 million asking price, the listing broker said Thursday. The 3,000-square-foot shingled home -- with 182 feet of ocean frontage, four bedrooms, three baths, a double-height great room with a two-story stone fireplace, a deck and a pool -- was put on the market two weeks ago by the U.S.
Federal authorities are selling New York and Florida properties belonging to convicted Ponzi scheme operator Bernard Madoff to compensate his fraud victims.
U.S. insurance giant American International Group says it paid victims of Bernard Madoff's Ponzi scheme millions of dollars for losses covered by its policies. AIG said it denied claims from Madoff victims who had withdrawn more money from their Madoff account than they had invested.
The man who audited Bernard Madoff's books entered a not guilty plea Friday in New York, while waiving his right to a grand jury. David Friehling and his lawyers are trying to negotiate a plea bargain with federal prosecutors, the New York Daily News reported.
- Emitting flashes of light; glittering.